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Non-Tech : Wackenhut Corrections Corp. (WHC) -- Ignore unavailable to you. Want to Upgrade?


To: pz who wrote (130)12/18/1997 2:25:00 PM
From: Acey  Read Replies (1) | Respond to of 176
 
Paul,

I really don't agree that the stock "got ahead of itself". That's no reason for it to drop 30%. Besides, is the price really ever too high for a company that will grow 40% a year for the forseeable future, with very little risk that they won't meet earnings, and is recession resistant?

Although my bullishness is hardly controllable, I rate WHC a hold for now...until it begins to strengthen a little. I just hope that WHC isn't having the same difficulties CXC had last quarter.

Acey