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Trinity Industries Inc. Message Board

  • serpentine290 serpentine290 Feb 18, 2009 9:19 PM Flag

    What are you waiting for?

     

    OK, TRN missed revenue and profit forcasts. Backlog has diminished as a result of massive order cancellations. The "stimulus" package offers virtually nothing for wind, rail or construction materials. Profit forcast by the company for the 1st quarter 09 is about 25 cents. Deteriorating economic conditions prohibit guidance beyond the first quarter. TRN will most likely lose money in 09. TRN will not be able to service the huge debt that it took on to build wind towers and increase capacity in rail cars. Do you longs need a building to fall on your heads? I wish it weren't true but it is.

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24.00-0.53(-2.16%)Sep 23 4:02 PMEDT