DD's Den

[Bernard Ng]

DD, NYRR, an interesting stock to look at IMHO... but please don't chase now.

The bottomline of this company... it's an existing company and most new yorkers can verify it. LOL

Here is some basic info I've come accross...

About the company:
NEW YORK REGIONAL RAIL is a transportation holding company. Its two principal
subsidiaries are New York Cross Harbor Railroad ("NYCH") and JS Transportation ("JST").

NYCH owns the ONLY rail floatbarge operation that crosses New York Harbor, by virtue of its
ICC certificate of necessity and convenience. NYCH's operation enables New York City,
Long Island and Southern New England to connect to the national rail freight system.

JST is a rapidly growing short haul regional trucking company, whose clients include many
Fortune 1,000 companies and other established companies. JST currently serves a six state
region including NY, NJ, PA, DE, MD and VA.

About the management:
President:
During Ronald W. Bridges' tenure as VP at Conrail, he turned his group around from one that was losing $.02 per
revenue dollar to one that was earning $.25 per revenue dollar. Ron grew his division to approximately $400 million
in revenues and $100 million in profit. Efficiency and growth were Ron's credo at his group where he achieved
growth while streamlining the personnel in his division from between 130-150 to 30-50. I would also like to point out
that Ron received the highest customer service rating in the industry.

Chairman of the Board:
Under Sal Catucci's guidance, this company grew from approximately $1 million in revenues to approximately $10
million.

By reading the 10Q, this company is turning around very quickly... and the recent stock movement is hinting to me
that news is coming...

The above info can be found here:
http://www.bigcharts.com/news/articles.asp?newsid=576352780&symb=NYRR&sid=14088
http://www.bigcharts.com/news/articles.asp?newsid=519615062&symb=NYRR&sid=14088

I've just organized them into an easy to understand manner... and remember, please don't chase it, I'm just trying
to start some DD here...

signed,
Bernard