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The GEO Group, Inc. Message Board

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  • manboking manboking Jun 10, 1999 9:03 AM Flag

    Historical Pespective necessary

    Francesco...the main competitor now lacks
    credibility with its own stockholders who have joined in a
    class action suit for misrepresentation of pertinent
    financial information in their recent merger, this lack of
    credibility has now been translated in to a 12% Junk bond
    issue (not of investment quality).
    Surely this lack
    of credibility is bound to hurt their efforts at
    "renewal time of old contracts" and "new contracts".
    contrast with our company, guess I was wrong "is good to
    be conservative", like to think however that the
    only time I was wrong, I made a
    Again I appreciate your brilliant analysis utilizing
    Elliot Wave to describe the positive outcome and
    resolution of the two triangular formations.

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