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The GEO Group, Inc. Message Board

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  • richer_or_poorer richer_or_poorer Jul 26, 1998 9:56 PM Flag

    VOLUME

    Look at others in this industry...CCA, CSCQ,
    etc...and I think you'll see a general trend. Overall, most
    of the companies in this sector who are worth
    anything are reporting good results, but stock values
    continue to be slack. It was this way early in 1997. In
    fact, the stock was in the range of 16 then (and a
    terrific buy), but it bounced back strong and by
    September/October 1997 it was in the 30+ range.

    This sector
    will catch fire again eventually. The target price I'm
    hearing from the analysts is still about $34, but it's
    been that way for a couple of months and is in
    reverse. I hope this is a good buying opportunity, cause
    I'll be getting more if it dips much further.


    Good luck.

 
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