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Corrections Corporation of America Message Board

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  • RetiredPaperman RetiredPaperman Jul 16, 1999 11:57 AM Flag

    Please Post in a perspicacious manner

    "...and if I did overshoot in OPCO favor when I
    became comfortable with that I would adjust the fee down

    I agree. As time passes and we gain more
    experience, the fees will be adjusted (hopefully just
    tweaked) so allow for subtle deviations from plan. These
    adjustments could go in either direction.

    My problem
    with Sundowner is that he seems to be saying: The
    market hates uncertainty therefore instead of allowing
    future adjustments to the fee agreements between OPCO
    and PZN, let's just go ahead in one fatal swoop and
    give the store away to OPCO. That removes all future
    uncertainty and everybody will be better off.

    can't buy that.

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