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Fools,

With brief experience in Fooldom, and struggling research skills, the question here is- what happened in the year 2000 that sent WAB to $8.25?

Here in 2006,one lone analyst targets $45, insiders own 6%, we're down to $25.26 from a 52 wk high of $40, no officer makes an outrageous salary; rail lines are jockeying to up transport; Trinity trying to sell Eurporean ties, and old WAB showing better margins than TRN, with lower P/E and 1/3 the employees- is there something to like here?

Regards,

Don
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is there something to like here?


More like what's not to like... I like their balance sheet and believe that the whole company (not just mgmt.) is alligned with shareholders.

JMHO,
-FoS
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WAB, like everyboody else in rails, is subject to the whims of the sector. The company is not broken, in fact it's going quite well. But the institutional investors who are gunning for quick returns lump WAB and TRN in with BNI and RRA. WAB gets marked down becuz its seen as one with the rails.

Note too how BNI got hosed with UPS' downward view and look at the parallel in stock prices between BTU and BNI. It's the sector, not the company, cuz.

Roy

Disclosure: I own BTU and until this week had BNI.
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Thanks for the replies- WAB has been doing good for me.

Don
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