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Biotech / Medical : ALI - bright future in assisted living?

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To: biffpincus who wrote (13)9/14/1999 8:11:00 PM
From: Herc  Read Replies (1) of 25
 
These stocks are getting so low, and from what I know now, it's from ignorance on the part of the investment community. I got e-mail today from ALI and SNRZ saying that all their revenues are private pay. So why the scare over reduced medicaid payments?

I ruled out GCLI after reading in their annual report that they "syndicate" their homes. I take this to mean partnerships with private investors. What a mess this would be!

Awaiting investor info. packets from ALI & CMDC.
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