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Corrections Corporation of America Message Board

  • toptalk99 toptalk99 Nov 3, 2004 9:52 AM Flag

    Private Prisons

    OK, maybe now we can start expanding the "Privates" and let the various states use their funding for more law-abiding-people related uses. CCA has a few extra beds to fill.

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    • Why did you buy in '98 and not in late 2000 as I did. You must stay away from fire water kemosabe. Apparently you are unaware of the entrance of Mr. Ferguson when there were in fact some 12,000 empty beds, now just 7500, with even more company owned beds now. Nonetheless, from $1.80 adj. split to $39.67 under this regime, suits me fine. How does that stack up against the the S&P for the same time Chief? Current management didn't screw the injuns, try pointing the blame where it belongs, PAST MANAGEMENT. Present managment is doing a great job and as a 4 year shareholder, they have performed to my fullest expectations. I would advise you to short heavily as I love to watch an good old fashioned Indian massacre. I suppose you were in on the sale of Manhatten for some $18 worth of beads. Any more good ideas Chief?

    • There's gotta be a pony in there somewhere!

      With approximately 7,500 empty beds currently in our inventory, numerous expansion
      opportunities in our 38 owned facilities and a strong balance sheet enabling us to build new facilities to support customer needs, CCA is uniquely positioned to capitalize on a continuing environment of restricted prison
      bed supply."

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