Recent

% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • RetiredPaperman RetiredPaperman May 28, 1999 8:24 AM Flag

    FEDERAL BUREAU OF PRISONS HAS

    1) Bond deal will be done Tuesday of next week.
    Bond market closes early today. Rate will be
    10.25-10.5.

    2)Yes, dividends will be paid this year.

    3)Worse
    case for next year is probably $2.00 a share, which is
    more than paid for with next year's cash
    flow.

    4)Growth. In my opinion we're growing too fast. That's what
    will actually contribute to cash flow concerns next
    year. Long-term good; short-term hurts cash
    flow.

    5)Tons of business in the pipeline and yet to be
    announced.

    6)Cutting the dividend. I agree it would be better now but
    they wouldn't risk the PR problems. It shouldn't have
    been pushed up to it's present level.

    7)I
    think occupency is fine. I've no idea on stock price.
    It's all on emotion and psychology now.

    Just my
    opinions of course.

 
CXW
30.17+0.11(+0.37%)Aug 28 4:01 PMEDT