from today's WSJ (courtesy of Jeff in Chicago) (8/5):
No Fun for Six Flags
As Parks Face Slump
By JEFFREY MCCRACKEN
August 5, 2008; Page A1
"AUSTELL, Ga. -- Six Flags Inc. Chief Executive Mark Shapiro looked up at Goliath, a 200-foot-tall roller coaster just outside of Atlanta, as riders roared downhill at 70 miles per hour. "Nice ride," he noted. "But we'll never get our return on investment with it."
Six Flags, one of the nation's largest amusement-park companies, is under serious financial strain. It hasn't posted an annual profit in years. It's weighed down by $2.4 billion of debt, and faces a $288 million payment to preferred stockholders next August."
see your office copy of the WSJ for the rest of the article and cool graphic or go to the Journal online
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