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Re: None

Thursday, 09/12/2013 4:15:59 PM

Thursday, September 12, 2013 4:15:59 PM

Post# of 24405
I feel like those of you who post on this board frequently are missing some big red flags and need to pay attention to what is right in front of you.

1. Over $1.2 billion in debt. $41 million in interest every quarter. That's huge! It's going to take a LONG time to get this huge obstacle behind them.

2. Network optimization. Most see this as a positive, but I see negative in it as well. Removing nearly 10% of your network has to put strain on other areas and also kills the local business generated by that terminal. There is also cost associated with this "optimization" that most seem to ignore.

3. Contract negotiation. This is coming very quickly. Say goodbye to the 15% wage concession. I have a feeling voters will not take to kindly to YRC wanting to extend their wage concessions. This is going to cause a lot of friction in house. You can bank on it.

Personally, I think this has a long way left to go down. That will be the time to jump in and enjoy a long steaady climb back to where it is now and beyond. Just my opinion.
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