Yellow | YRCW Tenth Amendment_8_31_09

Jeff

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What an shame!! From a $10 BILLION powerhouse (between the two), to a cluster***k that BEGS and BEGS and BEGS for fu****g handouts!!!!
 
HEY...You guys need to pay VERY CLOSE ATTENTION to this report!....KK

What I read into the NP revote is that if YRCW folds NP into YRC, the markets are NOT going to be receptive to it. NP is the only up side to YRCW. If they kill it by folding it into YRC, like YRCW has threatened, the stock will tank, and Wall St. will have the stock on pennystock.com!
 
Davir Ross of Stiffel Nicolaus just made two major blunders in their not too expert analysis




The company threatened to shut New Penn and fold it into yrc. We believe this is an idle threat because it would cost the company more to do that and [size=+2]risk a large pension withdrawal liability payment and Warn Act Payment[/size]
Don't they even know the drivers would dovetail and not get fired or lose their job? There would be no pension withdrawal liability in a merge. The WARN ACT doesn't apply in a merge. The 100 million minimum liquidity was suspended thru October was the IBT's demand. That they didn't know. They didn't mention a word about 3rd quarter results which even the teamsters said they will be profitable. Why would anybody pay for their analysis let alone believe them. If they had any brains at all they should know none of this is gonna happen
 
Keep drinking the kool-aid brother.Read whats published not the B.S. that your local mgmt is instucted to tell you.
I hope we don't go out and that your optimism to our fate comes to fruition.Yet,its pretty obvious that we are on our last leg and this analysis is by an independent,well respected analyst who doesn't have an ax to grind with YRC.He is just reporting what YRC is publishing in relation to their financial condition.
 
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