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Corrections Corporation of America Message Board

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  • newMK newMK Nov 11, 1999 10:46 AM Flag

    PZN : quarterly

    As I recall, Bob said on the CC that the cash
    interest cost for the quarter was 10%. The amortization of
    fees drove it up to 11.4%. I assume the $9MM w/o is
    also in there.

    What bothered me about the
    bouncing around with advisors (other than the rich fees at
    each turn)was the arrogance with which it was done. I
    was told that the Lehman selection involved thumbing
    noses at some some old friends and some big names. A
    believable third hand story.

    P.S. Glad to see you're
    a Cool Hand Luke fan.

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