Monorail (was Re: hotels (again))

[External Poster]

This posting is from: annie
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>Is the monorail running this year? :) I've always felt pretty
>safe on it, and it's fast. We took it even when we had the car.

Yes, running quite well.

Not doing very well financially, however.

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(This posting was entered by annie, an external user of MyDLV.)

[External Poster]

This posting is from: Denise McCracken
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>Yes, running quite well.

>Not doing very well financially, however.

Is that because of all of the problems they had getting it started
up? Maybe people aren't too confident about it, but I thought it was
absolutely t*ts. It was clean, quiet, and roomy, with a classy crowd.

-densie

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(This posting was entered by Denise McCracken, an external user of MyDLV.)

[External Poster]

This posting is from: annie
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>>Not doing very well financially, however.

>Is that because of all of the problems they had getting it started
>up?

It has good ridership, and is making money, but not enough to pay
down the debt. The financials on the thing are a total clusterf*ck!

There's all kinds of speculations on the LV boards and the railfan
boards about what might happen. One line of speculation is that
they will allow the thing to go into bankrupcy, then let {somebody}
acquire it for pennies on the dollar, thus screwing the bondholders,
and then {somebody} will have it debt-free and can operate it in
the black and proceed with the extensions.

The no-brainer extension to the airport is still opposed, behind
the scenes, by such things as the taxi industry. Opposition or not,
the extensions to downtown and the airport probably will not begin
until the financial thing resolves itself.

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(This posting was entered by annie, an external user of MyDLV.)

[External Poster]

This posting is from: Gina
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>It was clean, quiet, and roomy, with a classy crowd.

Wait a minute Densie, if you call a crowd classy, there must be a
serious problem with it.

Love ya,

Gina

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(This posting was entered by Gina, an external user of MyDLV.)

[External Poster]

This posting is from: Denise McCracken
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>they will allow the thing to go into bankrupcy, then let {somebody}
>acquire it for pennies on the dollar, thus screwing the bondholders,
>and then {somebody} will have it debt-free and can operate it in

Let's hope that's just speculation. People tend to think of
corporations, bond and mineral rights owners as big corporations
that can afford to lose anything, but I happen to be two of the
above, and I'm just barely getting by. My oil doesn't even pay
min wage, and if I decided to diversify some of my CDs (life
savings) into bonds and I got f*cked over this way, it would
mean lost clothing and education for my kid. The fact that I'm
disabled and still trying to manage all of this, and the IRS wants
to take most of it, doesn't help.

What I'm trying to say is, doing something like this is really
sh*tty. It amounts to theft, and bondholders tend to be smaller
investors.

-densie

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(This posting was entered by Denise McCracken, an external user of MyDLV.)

[External Poster]

This posting is from: Denise McCracken
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>Wait a minute Densie, if you call a crowd classy, there must be a
>serious problem with it.

Better be nice to me or I'll break a full Galiano (sic) bottle over
your head. Since Annie never comes by, mine is still unopened. :)

-densie

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(This posting was entered by Denise McCracken, an external user of MyDLV.)