YRC Worldwide Inc (YRCW)

[Bob Underhill]

"Shares outstanding will increase over time from 9.1 million shares to 23 million shares.
...
At 0.03 times sales even after taking into account convertible notes, it trades at a huge discount to its competitors including Old Dominion (ODFL), SAIA (SAIA), Con-Way, (CNW), and Swift Transportation (SWFT), amongst others. The trucking industry trades at around a 0.40 to 0.50 price to sales."