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Corrections Corporation of America Message Board

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  • newMK newMK May 27, 1999 2:11 PM Flag

    FEDERAL BUREAU OF PRISONS HAS

    I am in a situation like you. Doc made me a lot
    of money, and cost me a lot. It's easy to kick him
    when he's down. His blemishes are so much more
    noticeable. And there is no question that his arrogance has
    him (and us) in hot water at the moment. But consider
    the fact that there is nothing wrong with the
    company. Ultimately its success will be measured by how
    its customers are treated, Doc or no Doc. In his
    favor, and what Wall Street forgets so quickly, is that
    he has built a company that dominates its markets,
    has huge margins and is ahead of the pack in seeing
    where the market in which it operates is
    headed.

    Can he get the capital at fair prices to accomplish
    his goals? Maybe. Maybe not. If he can't, don't be
    surprised if he says "life's too short" (you may have heard
    him say that before), and takes it private.

 
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