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Corrections Corporation of America Message Board

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  • socksey socksey Dec 24, 1999 1:12 AM Flag

    is anyone here bullish

    could be to rework the leases. Shifts much needed
    $ and earning back to CCA and reduces income and
    the need to pay out capital by PZN in the form of
    dividends.

    1)Pay the remainder of OLD CCA Earnings & Profits

    2)defer payment of 99 earning into 2000
    3) rework
    leases to lower income of PZN in 2000 and reduce
    dividend outflow to conserve capital.

    Too bad
    management did not do this six months ago. But I guess it
    would have hurt the STOCK
    PRICE.

 
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