Western Railroad Discussion > NY Times early RRs(UP) = todays global, quest ect

<a href ="http://www.nytimes.com/2002/02/17/business/yourmoney/17BAND.html?ex=1015218000&amp;en=39800d26869d9486&amp;ei=5004&amp;partner=NETZERO&quot;&gt;Link here no subscription needed</a> at the bottom of second page is RR comparison

""""There will it all end? One clue may lie in the history of the nation's railroads, which are often compared to relatively young fiber optic systems. Some fiber optic operators, like Qwest, even got their start by laying fiber along existing rail lines.

By now it is almost forgotten that railroad companies expanded with ferocity in a post-Civil War boom that resulted in a spectacular financial collapse called the Panic of 1873. Many small investors were burned by the scandalous activities of concerns like Union Pacific Railroad, which, like Global Crossing, stretched the boundaries of corporate behavior in its day.

But eventually, as true believers of the fiber optic age are quick to point out, the glut of unused railway capacity was absorbed. """"

PTRA wrote:
>
> But eventually, as true believers of the fiber optic age are
> quick to point out, the glut of unused railway capacity was
> absorbed.

Via abandonment. How much is your New York, Ontario & Western stock worth these days?