i have been noticing a few posts that are probably new to pittston maybe employees
or investors,first off pittston coal is in shambles from black lung cases, burlington, now known as bax is sruggling to stay afloat with the help of the so called holdingcompany.
the only company that is profitable is brinks that is even why pittston kept brinks ticker symbol and got rid of the other symbols pzm and pzx.what they sould do is sell all the companys and be done with it at least they could become profitable in a few years if the other two surive that is. im sick to see the mother company sucking more and more from brinks bottom line each year when the others are failing to see profit and of course losing
money all toghther.
I do not have access to any of the financial information.....
As we all know - it has to improve, and has shown signs of such in recent qtrs..
a long climb back from way below bottom ...
I thought it might take 2-3 years........
still many challenges running O/N fleeet @ whore prices....... this still concerns me most
wishing them well..............
you too - tell the gang hello
Do you believe that the current management at BAX is making progress? Will they have a profitable quarter this year? What are they doing to correct the mismanagement of the cbob era?
It's easy to explain away past failures but what has been created in the past two years to bring the company to profitability? Can BAX make a come back? Does the company have the right vision and plan to be competitive in the changing transportation market(especially in these uncertain economic conditions)?
cboob regime, as were the sharehoders, employees 401k, and the many quality, long term dedicated mgrs forced out to make room for his worthless friends ( all now fired).
How could we forget? Never is my guess.
The main reason BAX is still in recovery is a result of the cboob regime, and of course the KPMG Systems $200M debacle ( estimated amount)
May take another year to show a profit.. if then .... hope so ..... wow - from 1998 - 2003 - just to get back to profitability .. not an easy task when `40%(rumored amount) of the domestic business is forced off the Private Fleet from the Revenue Prevention Team...... in just 18 months ..... whew.......
We wish BAX well in their continued recovery.
Most do not wish cboob and friends well, for they deserve to .. well ... you know..
and you ask " can we just forget?"
moved on ? yes ! - forget? - never !!!!
We will always celebrate July 25 as a day of rejoicing ..... all of BAX will note this day of celebration for sure . We will try to forget June 8, 1998 - the day the music died...
Too bad the current emphasis on corp fraud and consulting firms was not in existance from 1997 - 2000.
May the truths stand forever, as painful as they may be.
been cawld wers ........ thx fer thu good post
reminder to awl- Juli 25 iz the 2nd anniverseree uf cboob gittun fard ......
at exaclty noon on juli 25:
ubzerv wun minit uf siluns fer thos who sufferd
from the cboob teem
and hit a few liks in selubrashun that they are awl gone ..........
gloree be to god
when the krooks go marchun owt
we saw thu darknuss
will thu sercul be unbrokun
im gonna tak u trip, on thu good old cboob ship
amazun theft - how sweet thu krime
cboobs - can yunz spare uh dime?
bak under thu bridge - too hot owt yheer
Some thoughts for all CEOs this week of the fourth -
When I despair, I remember that all through history, the way of truth and love has always won. There have been many tyrants without conscience and for a time they can seem invincible. But in the end they always fall. Think of it, always.
--Mohandas Karamchand Gandhi (1869-1948)
Nearly all men can stand adversity, but if you want to test a man's character, give him power.
--Abraham Lincoln, U.S. president (1809-1865)
and for Camper - isnt it unfortunate that -
Every society honors its live conformists and its dead troublemakers.
I will take a shot at this burning question. How about mode neutral = trying to convince shippers to pay air rates for ground movement? Since your diverting it anyway, might as well give it a name like "saver".
However, this puts alot of pressure on the field because they must get shippers to bite on a rate 3x to 5x what the ground carriers are charging...
Also Deutsch Post buyout rumors have been circulating again. Most investors do not understand the health liability issue as described in the most recent post. I understand BAX portion to be in the 9-digit range. Who would absorb this liability for an 8% margin business?
mowd newtrul - weul sumbidee pleez xplan theus to us awl ?? wood upreesheeatit
thar u go ... thar u go ... thar u go
distuns bast pricun - ownlee in ower dreems
bax weul be ok
just lots uf rekuverun steeul
thanx cboob and kumpnee ( gorgy-porgy too)
no i hav not fowargot - never weeul
and wun mowar thang ... kmpg kpmg...kpmg