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Corrections Corporation of America Message Board

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  • hampton1_99 hampton1_99 Jan 19, 1999 5:00 PM Flag

    Anybody read streetcom today??? What doe

    Pzn has been testing its low looking at the chart
    shows Pzn has preformed VERY!! poorly in relation to
    the Dow and the S&P and so on during the entire year
    of 98. It has to penetrate the 25 level before any
    real rally would begin and it looks like judging from
    today no one wants it to move to that level. As far as
    occupancy rates and PZN. Do you guys see the contradiction
    in wanting crime to decline but at the same time
    wanting the occupancy rate for PZN beds to increase? I
    saw another post where it was mentioned that "If CCA
    owned the prison but the government's unionized CO's
    managed it . Net margins would only be 16%. But, if CCA
    owned and managed it net margins would widen to 40%".
    Maybe i'm misreading it but sounds like if pzn can get
    the governments out of the loop profits will
    increase. If the government is out of the loop. Who will be
    there to keep an eye on Pzn's activities? Its just a
    question. If someone can give me a reasonable answer i'm
    willing to listen. I hate to keep sounding like a stick
    in the mud. But i feel these are reasonable

13.63-0.13(-0.94%)Oct 26 4:01 PMEDT