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The GEO Group, Inc. Message Board

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  • Manboking1 Manboking1 Feb 19, 2000 11:40 AM Flag

    4Q at .28, up 35%, beat Street Estimate

    The purchase of up to 500,000 shares plus the
    previous authority to purchase 122,000 shares in August
    1998, with currently 21,508,992 shares outstanding, of
    which 12 million, or 55.8 percent, are owned by (WAK).
    Total Float will then be 8,886,992 shares at $9.325,
    then George could buy the whole company for roughly
    $83 million, a good deal......(smiles).
    The use of
    1/4 cash on hand should prop up the price of the
    shares at this levels, in my way of thinking they should
    use 1/2 of the cash on hand and add another 500,000
    shares soon.

 
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37.63+0.48(+1.29%)Jul 29 4:02 PMEDT