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Corrections Corporation of America Message Board

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  • tmacker tmacker Jun 3, 1999 2:43 PM Flag

    IS PZN A MOMENTUM STOCK??

    I take your point: .0025 * 300M ==
    $750,000
    with 117.1M shares outstanding, that's about .00064
    per share

    the effect of interest rate hike,
    (still likely, from where I sit) will be off PZN's back
    if the 1B L.O.C. doc refers to is real. At least, if
    that's $1E9 of locked-in-rate credit line, signed on the
    dotted line...

    as for the FED, today, Thursday,
    6/3/99, according to Edward Gramlich (FRB
    Governor)

    ``We're looking hard for evidence of acceleration. The
    question is: was the CPI (April's Consumer Price Index) a
    one month fluke or not, or was this a real warning
    sign?''

 
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