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Corrections Corporation of America Message Board

  • ToyPlayerFUN99 ToyPlayerFUN99 Dec 16, 1999 12:27 PM Flag

    Board is still wrapping up.

    I talked to IR....this non-sense that the meeting
    is off indefinitely is crazy.

    They are going
    to release a press release that
    has everything in
    it including the SI, the dividend

    They are mulling over the various SI

    Also, operationally, things at PZN are doing well. They
    are comfortable with $2.45 FFO


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Your post is the same info given to me
      days ago. She was not exact on the date,
      indicated that they would try to have the WORK
      (SI &
      dividend announcement) done by week end.
      It is
      possible that this could go into next week. If that is the
      case they must be some important points they don't
      agree on.

      I don't know where you got that FFO
      number from
      but it's unlikely that IR gave it to
      It matches the guesstimate I posted a few days ago
      from an S & P consensus estimate.
      If IR gave it to
      you then that would indicate NO DILUTION.

      still buying down here, if im wrong I will pay the

    • dumb = KLOC; & dumber = PZN.

    • Stock getting hit.

      • 3 Replies to flipper_58
      • I really dont think anyone is meeting or if they
        do, the news are bad.
        It is not worth than I
        though we are right on target at $7 preparing to slide
        to $6 next week. But this only confirms what I

        The stock pricing is the ultimate barometers of what
        is going on short term.

        The stock has become
        such a speculative play that I am sure many big money
        traders are watching this carefully for any major quick
        buck. Goods news inevitably leak one way or the other.
        A meeting wrapping up with good options would have
        been known by now.

        Be all prepared for some
        more rougher time than what you ve seen so far. shorts
        are watching too...

      • but I would expect the volume to be higher if
        that were the case. I believe we are continuing to
        suffer from a combination of investor anxiety over the
        unknown plus tax-loss selling.

        I believe this year
        is seeing the most aggressive tax-loss selling EVER
        seen because while this year will go down as one of
        the strongest for the major indexes, it also has
        incredibly weak non-performing areas. I heard yesterday
        something like 60% of the NYSE stocks are down on the

        Still, the only logical reason I can see for no
        announcement is that they don't have anything on the table. To
        have a viable plan and not announce anything in this
        climate would be the weakest move Doc has made so

        Wonder if the RAUGAR option is being played out? I
        suspect we'll know around year-end.

      • Selling looks to be all retail

35.72Aug 27 4:02 PMEDT

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