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Corrections Corporation of America Message Board

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  • newMK newMK Mar 26, 1999 5:00 PM Flag

    New forum for REIT LOVERS

    but I hate REITs. For about a quarter of a
    century. I "tolerate" this particular REIT because it
    recombines CCA and PZN, because it dominates its market, and
    because it's run by people with an outstanding track
    record. I'm hoping it will succeed despite being a REIT.
    As the market shows, there are some even less
    tolerant than this old Doc fan. I'd be happy if I never
    had to hear the word "REIT" again.

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    • MK--

      In terms of price performance,
      old-CXC/CCA/"new" PZN is a pretty mixed bag. Granted there was
      tremendous perfomance from 1994 to mid 1996. Prior to that
      it was flat, since that time it has been a roller
      coaster, where the only way to make money was to try to
      time the market.

 
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