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

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To: Herc who wrote (14)10/15/1999 4:55:00 PM
From: Grommit  Read Replies (1) of 25
 
Warburg estimates - for the record...

I added present stock prices (xx)

Friday October 15, 9:22 am Eastern Time
RESEARCH ALERT - Long-term care providers started
NEW YORK, Oct 15 (Reuters) - Warburg Dillon Read LLC said Friday that analyst Howard Capek initiated coverage of six long-term care providers, with one rated buy and five rated hold.

--initiated coverage of Emeritus Corp. (AMEX:ESC - news) with a rating of buy. (7 3/8)
--1999 earnings per share estimate loss $0.79; 2000 EPS estimate profit $0.22; and 2001 EPS estimate profit $0.74.

--initiated coverage of Manor Care Inc. (NYSE:HCR - news) with a hold rating. (15)
--1999 EPS estimate $1.39; 2000 EPS estimate $1.61; 2001 EPS estimate $1.78.

--initiated coverage of Sunrise Assisted Living Inc. (NasdaqNM:SNRZ - news) with a hold rating. (10)
--1999 EPS estimate $0.97; 2000 EPS estimate $0.88; 2001 EPS estimate $1.15.

--initiated coverage of Beverly Enterprises Inc. (NYSE:BEV - news) with a hold rating. (3 7/8)
--1999 EPS estimate $0.44; 2000 EPS estimate $0.51; 2001 EPS estimate $0.58.

-- initiated coverage of Altera Healthcare Corp. (AMEX:ALI - news) with a hold rating. (7 7/8)
--1999 EPS estimate $0.96; 2000 EPS estimate $1.28; 2001 EPS estimate $1.69.

--initiated coverage of Capital Senior Living Corp. (NYSE:CSU - news) with a hold rating. (5 7/8)
--1999 EPS estimate $0.81; 2000 EPS estimate $1.05; 2001 EPS estimate $1.24.
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