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Subject: Posted on Thu, Jul. 24, 2003 Translink--San Francisco


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http://www.bayarea.com/mld/cctimes/6372664.htm
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Date Posted: 25/07/03 3:13:11am

http://www.bayarea.com/mld/cctimes/6372664.htm
Posted on Thu, Jul. 24, 2003 S.F. MUNI, BART stall TransLink By Lisa Vorderbrueggen CONTRA COSTA TIMES BART and San Francisco MUNI have balked at a plan to permanently roll out TransLink, the long-awaited universal fare card that users declared a rousing success after its trial run last year. MUNI says the transaction costs are too high, and BART fears TransLink will not offer its discount fares or be compatible with its ticket machines. "I think TransLink is important, but under no circumstances should it reduce the options available to our customers," said BART Director Dan Richard of Walnut Creek. "For example, it's unacceptable to me that our customers will not be able to put a TransLink card into a BART ticket machine and add value to it." As two of the Bay Area's largest transit operators, BART and MUNI hold considerable power over TransLink's future. If either refuses to participate, it could reduce the allure and drive up costs for remaining operators. AC Transit, Golden Gate Transit and SamTrans have joined an operator consortium to govern TransLink. The Santa Clara Valley Transportation Authority is likely to sign in August. The group has scheduled Golden Gate Transit to become the first agency to offer full TransLink service. TransLink allows a commuter to wave a card with an embedded computer chip over a reader, which deducts the fare from a prepaid account. Until BART and MUNI join, the Metropolitan Transportation Commission is reluctant to notify contractor ERG to begin the installation. The commission, which orchestrated the pilot project, has sent counterproposals to the hesitant operators in recent weeks. It has also worked to cut costs, MUNI's primary concern. "TransLink is of such interest to so many people, operators should see this as a benefit to their customers," said commission deputy director Ann Flemer. "The issue is to preserve the flexibility of TransLink, so it can be used anywhere in the region, and also layer it with the operators' needs." Not everyone will get everything they want. Flemer says she has offered BART a solution to the fact that TransLink cannot mirror the rail agency's high-value fare discount that allows riders to buy a $32 ticket for $30. TransLink cannot hike the dollar amounts in riders' accounts to cover a discount because customers may use the cards on other transit services. But the system can be programmed, Flemer said, to give BART riders a per-trip discount. The consortium has denied BART's request to retrofit ticket machines to allow patrons to add money to TransLink in its stations. The group opted instead to promote the use of a system employed by FasTrak, the automatic toll-collection system on Bay Area bridges: When a customer's balance drops to a preset level, he or she can authorize an automatic payment from a credit or debit card. "Given the cost and complexity of BART's ticket machines, we want to see how it goes first," Flemer said. Flemer said she hopes to resolve the disputes in two to four weeks and to issue the work order by the end of August. BART has scheduled a board workshop on the issue today. Meanwhile, the commission continues to fight a lawsuit filed by Cubic Corp., ERG's competitor and the supplier of BART's new faregate equipment. Cubic alleges that the commission has mismanaged TransLink. It has offered to drop the lawsuit in exchange for a share of future TransLink work. ERG's technology performed well in the pilot project, and the commission has no plans to alter its contractual arrangement, Flemer said. The agency has said it would pay 80 percent of the $14.5 million cost if BART agrees to retrofit its new faregates to accommodate TransLink.
Lisa Vorderbrueggen covers transportation and growth. Reach her at 925-945-4773 or lvorderb@cctimes.com.

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Replies:
Subject Author Date
BART makes demands on TransLink"We will continue to work with BART and move to place TransLink into the hands of all Bay Area transit riders as soon as possible," Rentschler saidPosted on Fri, Jul. 25, 2003 http://www.bayarea.com/mld/cctimes/news/6381898.htm25/07/03 5:18:13am
Re: Posted on Thu, Jul. 24, 2003 Translink--San Franciscostochastic on the S&P500 on the extreme short is oversold as at 26/6/03 U.S. time 27/6/03 Oz time.---26/07/03 9:11:57am
On the 25/6/03 U.S. time and the 26/6/03 Oz time--ERG formed a bottom in it's sharetrend on the 25/6/03--Oz time--The Oz Dollar retreated.373827531535651312997990374217695 x 2 =74.7655063071302625995980748435391 x 3 = 1.1214825946e+33- 267,503,037 given approx by company number of shares 23/6/03 02:27:12 07/03/03 ThuTitle: ERG--chartTitle: 8.125---12th June 2002 -- Bear rally or Bull trend? Part 2 27/06/03, 02:17:17 07/03/03 Thu26/07/03 9:19:32am
07/26/2003 11:14 AM EDT most of the data will come on Thursday and Friday.another 91 S&P 500 companies are scheduled to release quarterly results next week26/07/03 9:31:19am
this buy is a short term buy. I will set a stop at 977, 21 2003 5:02AMINX 998.68 10:16PM 17.08 1.74% 998.71 977.42 177,800 267.50% 54 Long/ 94 ShortJuly 2626/07/03 9:51:48am
Title: sell order of S&P futures.23rdJulySmith Barney executed a large sell order of S&P futures.26/07/03 9:54:49am
the low of the 22nd of July 2003 of 976.08 is 3 points above the low recorded at triple witch 25th of June 2003 of 973.80On the 22nd July 03 U.S. time 0.74%above 50-day EMA with an Oversold stochastic in the month of Junes previously the following occurred 975.51 S&P 500--rush to cover shorts U.S. ahead of Fed cut-on 25th26/07/03 9:58:08am
Join us for a Rally to 1119?buy one or two call August call options at 1060From: getmenews Replying To : waveguy (post 3596) Jul 22 2003 2:43PM26/07/03 10:01:46am
14/5/2002Support -- where buyers are expected to swoop in -- is at 1,620 for the Nasdaq, 9,900 for the Dow and 1,065 for the S&P26/07/03 10:04:50am
Subject: 87 89 91 93 95 97 99 101 103 105 107 109 111 113 important resistance point to overcome11587 89 91 93 95 97 99 101 103 105 107 109 111 113 important resistance point to overcome115 117 119 121 123 Gann 1 x 1 125 45% angle 127 129 131 133 135 137 139 141 143 145 147 149 151 153 155 157 159 161 163 165 167 169 171 173 175 177 179 181 183 185 187 189 191 193 195 197 199 20126/07/03 11:08:50am
Cubic/Quarter Ending 06/20036th of August Australian time26/07/03 8:24:01pm
On Track Innovations Ltd. Quick Quote: OTIV 3.40 (+0.12)7/21/03OTI's Contactless Smart Card Technology Selected to Power San Francisco BART SFO Discount Card27/07/03 3:37:02am
Farleighs 100 laws of trading financial markets.The biggest price moves will occur when the fundamentals and the price direction are in agreement.NTA Melbourne Age 17/7/03 based on 267,503,037 shares on issue equals 0.975689857308049927/07/03 3:47:43am
27 divided by 1653 equals 0.016333938294010888 x 10=0.16333938294010888 x 6=0.9800362976406531---28 divided by 1653 equals 0.01693889897156685 x 10=1.693889897156685 x 6=1.0163339382940109--29 divided by 1653 equals 0.017543859649122806 x 10=0.17543859649122806 x 6 =1.052631578947368430 divided by 1653 equals 0.018148820326678767 x 10=0.18148820326678766 x 6 =1.088929219600725927/07/03 5:04:06am
Trade note this is paraboic failure point within ERG's sharetrend--where you sell shorts and then rebuy (NT)today is the 28/7/0327/07/03 1:11:09pm
A technical analysis term for two successive rises to the same price level. On a chart, this looks something like an M. The particular price level where the double top occurs is considered a resistancelevel for the stock, because technical analysts believe that the stock is having difficulty rising above that level. opposite of double bottom.108 has been one area recently--28/727/07/03 2:13:30pm
There is quite a large short seller(s) at 102 that is gradually whittling down for there were slighlty more there before (NT)1.020 496,585 ---28/727/07/03 2:24:46pm
The stock has retraced at the time of writing which is 02:49 pm, 28 July 2003 it is 95c (NT)I'm wrong I thought it would comfortably hold a dollar--may go further down yet--so I am just wrong27/07/03 9:55:36pm
Last 94 vwap 96.1 28/7/03ERG ERG Limited (24/06/03) FPO28/07/03 3:31:52am


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