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Corrections Corporation of America Message Board

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  • newMK newMK Sep 19, 1999 5:14 PM Flag

    badly broken

    " there a gun to PZN's head or isn't there a
    gun to PZN's (Doc's) head?"

    I'll take a "shot"
    at answering it: as long as Doc pursues the REIT
    strategy, the gun will be at his head, and it will
    periodically go off. If he dropped the REIT strategy, it would
    go off, too, but only one bullet.

    Seems to me
    that the SI situation will turn out to be a convenient
    excuse to drop the cash special dividend ("I wanted to
    pay cash, but didn't want to hurt the SHs by SI
    dilution on unfavorable terms").

13.99+0.29(+2.12%)Oct 21 4:04 PMEDT