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Corrections Corporation of America Message Board

  • flipper_58 flipper_58 Dec 14, 1999 9:08 AM Flag

    Recent downgrade to hold

    Davenport and Co.


    the usually stuff.

    Interesting enough, they
    say de-RIETing would not result in a materially
    higher valuation for PZN given the loss already incurred
    by Opco.

    Occupancy 93%. Rev/day margins all
    time high of $14.31 (from CC).

    The more I read
    reports the more I realize we're near a bottom IMO(do I
    darn say it). ONe think about distressd situations is
    there is usually plenty of time to get back in once the
    momentum shifts which I think will be next spring. I going
    to wait for the news. etc. and see how things look
    after the quiet down. I'll leave the first 10-20% on
    the table if need be.

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