Corrections Corp. (CCA) Message Board

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Non-Tech : Corrections Corp. (CCA)

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To: Tulvio Durand who wrote (81)	4/26/1998 12:45:00 AM
From: Profi	Read Replies (1) of 91

I am not sure if one can predict a price for CCA without considering PZN anymore....! As far as I can tell CCA is 0.875*PZN. When you are making your prediction of 20 for CCA, you are suggesting PZN will be 22 - 23. Friday's closing price for PZN was 34 5/8 which is already a substantial drop, I have hard time seeing another 30% drop in PZN. I hope the dust settles down soon on this one. Happy trading.

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