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Corrections Corporation of America Message Board

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  • flipper_58 flipper_58 Apr 24, 1999 2:19 PM Flag

    Can somebody please explain?

    Minus the $4+ dollars in payout in the next year
    alone, this dividend adjusted price $15-$4=$11....will
    represent the PRIVATE construction cost(not even inflated
    Public construction cost)of all of PZN beds.

    CCA
    traded at that level last Oct ($10+), of course
    pre-merger. It represented one of the finest buying points
    you can have in buying a stock on a fundamental
    basis.

 
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