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Re: Re: Re: Re: Re: Re: Timing an H Farmall
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Posted by The Red on December 19, 2003 at 14:44:20 from (12.74.49.211):
In Reply to: Re: Re: Re: Re: Re: Timing an H Farmall posted by Steve - IN on December 19, 2003 at 14:25:36:
Senior municipal bond analyst (crunch numbers) at City Securities. I have met Gene Tanner but that has been 20 years ago. Bill Chambers worked at City Securities many moons ago when I was a kid. I have now been there 22 years. My Dad worked there for 46 years. The 10 year plan on HSE is on track. Have 1 or 2 bond issues next year. Recent land purchase was $25,000 per acre. Forget where the location was but HSE has a BUNCH of land purchased for future use. When we were doing refinancings over the past several years, they bought land when it was still $10,000-15,000 per acre. Rumor has it that the farmer next to Verizon will sell at $50K per acre. A Farmall man by the way. You probably know the name. Ken Updike has told me the name but I don't remember. You would not recognize Brownsburg. Other than the Mormon's owning that huge track near Raceway Park, it is all suburbs now. BTW, Hession out at Brownsburg has sold his huge farm operations at $25,000 per acre. Bought land in eastern Illinois. Your relation in Brownsburg probably knows about this.
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