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Corrections Corporation of America Message Board

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  • rainbowroygbiv rainbowroygbiv May 25, 1999 10:51 AM Flag

    FEDERAL BUREAU OF PRISONS HAS

    really trying to get to bottom of this, if can
    understand a few key issues, would be helpful. stock seems
    cheap, prison industry has had great fundamentals, and
    pzn dominates the marketspace. however, also some
    inconsistencies i need to work through to get comfortable
    (previous post). chatter on this page seems to have died
    out?

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    • Eloy has enough "room" to accommodate as many as
      1500 inmates, its "rated occupancy."

      However,
      due to inadequate sewer capacity serving the
      facility, the BOP has "certified" its capacity for a
      maximum of 1204 inmates. This lesser effective capacity
      has prevailed for several years and Eloy has not
      exceeded its BOP limited "certified capacity" nor is it
      presently contemplated that the sewer capacity restriction
      will be relieved to enable utilization of Eloy's rated
      capacity. Staffing @ Eloy has been set at the 1204 bed
      maximum level for the past 3 years.

      If 1195 beds
      are occupied, that would represent 99.25% of Eloy's
      certified capacity.

    • See 1800 through 1900. Lots of good info, pros & cons, some T/A also.

 
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