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Kummant interview, New York Observer 8/13/08
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[QUOTE]Originally posted by Gilbert B Norman: [QB] Mr. Pullman, Mr. Kummant is using code for "don't take away our LD product as it is the catalyst for funding what is really needed - Corridors. Likewise, if LD's are to be gone, i.e. they are no longer politically expedient, then don't ever expect to have them back. Now let's set forth a hypothesis that I will label at outset as "absurd". It is a fair assumption that [i]IF[/i] an LD Corridor offering "four a day' Houston-LA on a 33.5hr schedule (that prevailing for SP #! circa Oct 1962), Sleeping and Dining service, fares "@ Market', restoration of service to Downtown Phoenix, and scheduled so that any two points would have at least one a day arriving or departing during people hours, there would be significant ridership increases over the existing Sunset Route (I'm not sure if "Sunset Corridor" would be that great a marketing name for such, but I'll defer to our "Mad Men" around here on that point). Only problem, where's the infrastructure - never mind the lesser and more readily "fixable' problem of equipment. I hope nobody around here thinks that UP is double tracking LA-El Paso so that more passenger trains can be hosted - or at least they had better not lest they be hearing from this would-be irate shareholder (disclaimer: now hold position in UNP; already third best performing security in my portfolio). Public assistance to double track Houston-El Paso triple track West; as I have noted in the past, there is nothing "open and shut' about that one. First I'll give you 99 to 1 that UP would say "get lost', secondly, as some radical fans (more "radical" than our Patrick, be assured) could well suggest, if the line were taken as in the Fifth Amendment "pro bono publico", that would make for some mighty [i]MIGHTY[/i] costly passenger trains. Dr. Utt, get ready for your field day.' [/QB][/QUOTE]
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