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The GEO Group, Inc. Message Board

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  • investorgroup investorgroup Dec 29, 1999 10:23 PM Flag

    New Lows...Baby

    is not a great state for the privates, however, I
    disagree with your comment that the regulatory bodies are
    driving privatization into the ground. Texas' issue is
    that there are too many inmates and not enough funds,
    combined with some small companies (like MTC) that will
    still bid low.

    However, there are few states
    that are doing this, and there is just the opposite in
    the Federal area. The Federal business is booming in
    the private market, and all estimates are that it
    will only get stronger. The Federal business looks
    more to quality vs low price, and the recent Federal
    contracts (with per diems in the $80's) points to

    I do agree that the privates need a much more
    concentrated effort on the legislative front vs each of them
    doing it on their own, but I think that will

    Don't let Texas confuse the the end, this is
    a service that MUST be done, and the privates can
    do it more cost effectively...we just need to get
    the small guys to stop bidding low in Texas, but that
    will pass the meantime ... go Feds!!

29.68-0.11(-0.37%)Nov 27 1:02 PMEST