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Strategies & Market Trends
Prison Realty Trust (NYSE: PZN)
An SI Board Since March 1999
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Emcee:  GlobalMarine Type:  Unmoderated
Prison Realty Trust (NYSE: PZN), a Maryland real estate investment trust, was formed on April 23, 1997 to capitalize on the opportunities created by the growing trend toward privatization in the corrections industry, including the increased demand for private correctional and detention facilities. The principal business strategy of the Company is to acquire correctional and detention facilities that meet the Company's investment criteria, from both private prison managers and government entities, to expand its existing facilities, and to lease all such facilities under long-term leases.

PZN, is the world's largest private sector owner of correctional and
detention facilities, and develops privatized correctional and detention facilities for governmental agencies. PZN allows governments to free up capital for use in their state or local communities through the sale and leaseback of their prisons and jails. Importantly, the capital raised by governments can be used for any purpose, including the rebuilding of the infrastructure of their communities or to meet educational or correctional needs, while control of the assets is maintained by government through exclusive long-term leases and buy-back options. PZN recognizes that governments around the country are being asked to do more with less. Tax increases are difficult to pass and bond issuances are coming under greater scrutiny, yet taxpayers are demanding greater services, improvements in education and law enforcement and balanced budgets. PZN provides a unique solution to these concerns.
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23 Indeed they did, ex-div 9/15/99 payable 9/30/99: Prison Realty Declares Third AurumRabosa-9/2/1999
22 Didn't PZN 13 3/8 just declare another 55c quarterly dividend with a 5c extEddieMacG-9/2/1999
21 David Dreman recommended PZN in Forbes (9/6/99): "Prison Realty Trust (12AurumRabosa-9/2/1999
20 Notice to Investors of ALYD, PZN, CCA, CAND and AIRB Concerning Shareholder LawSpark-6/28/1999
19 rruff: OPCO, the private operating company that the management ops were transfeGlobalMarine-5/20/1999
18 I am interested, started looking when it tanked. However, what assurances are rrufff-5/20/1999
17 Looking at a stock chart, it appears most of the selling is done, as volume appGlobalMarine-5/20/1999
16 I'm in PZN at $13 1/2 after yesterday's buying of the dividend announceTed Gregg-5/20/1999
15 Agree.....did......17 1/4 EddieMacG-5/14/1999
14 Eddie: I've been looking at my investor package as well as everything I couGlobalMarine-5/14/1999
13 Anyone have an explanation for todays drop of 14% to 17 ? Several days ago, PZNEddieMacG-5/14/1999
12 James: PZN is coming back into favor, it appears. There have been some positiveGlobalMarine-5/10/1999
11 NASHVILLE, Tenn., April 5 -- Prison Realty Corporation (''Prison RealtyGlobalMarine-4/7/1999
10 PRESS RELEASE: Prison Realty to Construct 1,524 Bed Facility in Millen, GeorgiaGlobalMarine-4/5/1999
9 Calif. to run out of prison space in 2001 - USA Today April 1, 1999 TRACY, CalGlobalMarine-4/1/1999
8 RAND...believe there is worry over prisoner suits vs. company that could explaiJames Kibler-3/29/1999
7 Zeev: These are questions that one should ask of all investments, both REIT'GlobalMarine-3/28/1999
6 Rand, it is attractive, based on you standards, but is it a screaming buy? How Zeev Hed-3/28/1999
5 Zeev: Whereas most companies are valued on the basis of earnings, REITs are vaGlobalMarine-3/28/1999
4 Rand, yes this is different, but from an investment point of view, I'll havZeev Hed-3/27/1999
3 Thanks for your feedback, Zeev. I don't suppose it would change your mind, GlobalMarine-3/27/1999
2 Rand, of course nothing is wrong with making profits from managing anything theZeev Hed-3/27/1999
1 Does crime pay? For the public, no, for the investor, possibly yes. Crime ratesGlobalMarine-3/27/1999
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