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Capital Senior Living Corp. Message Board

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  • earlywilliams earlywilliams Feb 8, 2000 5:13 PM Flag

    Value investor-Book Value $5.92

    Looks like CSU had to write off costs for a joint
    venture which didn't go through, which would pretty much
    cancel out a years earnings.

    But there is a lot
    of equity capital in this organization. The nursing
    home industry is pretty beaten down, so even though
    CSU has shown great ability to make money and
    generally it serves an upscale niche, it probably suffers
    some in guilt by association with companies that have
    to dicker with medicare and wait for cobwebs to grow
    on invoices before insurance companies pay.

18.65+0.38(+2.08%)May 24 4:02 PMEDT