No.

The Rail Fence Cipher (also called a zigzag cipher) is a form of transposition cipher that derives its name from the way in which it is encoded. In the rail fence cipher, the plaintext is written downwards and diagonally on successive “rails” of an imaginary fence, then moving up when we reach the bottom rail. When we reach the top rail, the message is written downwards again until the whole plaintext is written out. The message is then read off in rows. For example, if we have 3 “rails” and a message of ‘WE ARE DISCOVERED. FLEE AT ONCE’, the cipherer writes out:

W . . . E . . . C . . . R . . . L . . . T . . . E
. E . R . D . S . O . E . E . F . E . A . O . C .
. . A . . . I . . . V . . . D . . . E . . . N . .

Then reads off to get the ciphertext:

WECRL TEERD SOEEF EAOCA IVDEN

With 81 letters, it does fit nicely into a 3×27 grid. Once there, I saw nothing. Here are the grids with the text inserted horizontally and then vertically.

Horizontal

                                                         
  D I G E T A L I N T E R P R E T A T I U T I S Y O U R  
  P O S I T I O N V I R T U A L L Y I N V I S I B L E S  
  H A D O W F O R C E S L U C I D M E M O R Y S O S R Q  
                                                         

Vertical

                                                         
  D E L T P T I I O P I O I U L N S L H O O E U D M Y S  
  I T I E R A U S U O T N R A Y V I E A W R S C M O S R  
  G A N R E T T Y R S I V T L I I B S D F C L I E R O Q  
                                                         

Not much to be seen. If, and that’s a big if, if we’re able to extract the keywords from the Morse code then this is not the way to do it.

–Kryptos Fan