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Corrections Corporation of America Message Board

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  • newMK newMK Nov 26, 1999 4:16 PM Flag

    Fore Cast Doom on These Numbers!!!

    You asked why I think the stock price will go up.
    I don't know. But I keep holding it, so I must
    think it's going up, or I'd sell. Or maybe it's the
    dividends. But I don't want it to be a REIT. Let's just say
    I'm totally confused. And I've been wrong every step
    of the way. So if I'm holding and am wrong, I should
    sell. But if I sell, I would be wrong, so I can't sell.

    BTW, in your last post you mentioned the
    12/31/98 PZN debt - that was PZN alone. I believe CCA had
    another $400+MM, so they were at a combined $650MM or so,
    with $350MM left to go on the line. The exact spending
    on facilities is in the 10Q cash flow statement; I
    don't recall the number.

34.39-0.31(-0.89%)Jun 24 4:01 PMEDT