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Non-Tech : Corrections Corp. (CCA)
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To: Acey who wrote (47)1/18/1998 3:20:00 AM
From: Kenneth Kirk  Read Replies (1) of 91
 
Hey, good thread. I just joined up but have been lurking awhile. I bought CXC earlier this year when it was at 25, so it's obviously done well for me despite the drop from the forties a few months back. I'm trying not to look at it on a daily basis because I did buy it as a long term prospect, but I can't resist since it's done so well. As for the politicians someone mentioned a ways back, political posturing about getting tough on criminals rarely translates into budgetary expenditures. Pols don't like to spend money on prisons. And, CXC's per-prisoner expenditures are a lot lower than those of some states.
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