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Corrections Corporation of America Message Board

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  • investorgroup investorgroup Dec 17, 1999 2:25 PM Flag

    Question on special dividend

    ...of PZN's management with the potential of the
    industry. No question that PZN's management have destroyed
    their credibility, but the corrections industry
    (private) is one of the few industries that, fundamentally,
    will go on long after we are all around to care about
    it.

    PZN's organizational structure and management issues
    will work itself out; when the dust settles, the
    credible players in the industry should again receive the
    positive consideration it deserves.

    IMHO, there is
    plenty more to be made here. Like I've said before, the
    "fundamentals" of this business haven't changed...and after the
    dot-coms lose their luster, people will again focus on the
    private corrections' positive fundamantals (hopefully Doc
    and crew will be long gone by then, replaced with a
    credible management team).

 
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