I used to work for the dawg not to long ago. Agreed,Greyhound is increasing its ticket sales per, raising theEBITDA, and consolidating an industry that is ripe forthe occasion.They're likely to turn the profitability corner some timesoon. However, they've got massive LT debt (150 Mil),millions in uncompleted renovations, and (on a morepersonal note) a wasteful ITS department. But one thing is for certain, they're eating their ground based competition; and they're re-realizingincome from package express services. I'd say they'rea buy at current (4 dollar) price levels, and for thelong term, a clear winner. And shoot, if the economy does a nose dive, Greyhound will only do more business.(You should see the cash flow spikes from the monthlygovernment welfare checks alone!)Happy Fooling....
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