Capital Senior Living Corporation's CEO Lawrence Cohen talks to The Wall Street Transcript.Business Editors NOTE: This Capital Senior Living interview is presented with the aforementioned a·fore·men·tioned adj. Mentioned previously. n. The one or ones mentioned previously. aforementioned Adjective mentioned before Adj. 1. company's full knowledge and permission. NEW YORK--(BUSINESS WIRE)--July 31, 2000 The Wall Street Transcript has published an in-depth interview with Lawrence Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Capital Senior Living Corporation (NYSE NYSE See: New York Stock Exchange :CSU See DSU/CSU. 1. CSU - California State University. 2. CSU - Cleveland State University. 3. CSU - Channel Service Unit. ), in which he talks at length about the company's future. The entire 2,400-word interview is available free online at http://www.twst.com/ceos.htm Cohen gives an overview of the company. "Capital Senior Living is one of the nation's leading operators and developers of residential communities for senior adults. We have been operating in the senior living industry since 1990, with a philosophy that differentiates us from other companies in the senior living sector. We emphasize a continuum of care, whereby we integrate independent living with assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. and home care so our residents can choose the type of lifestyles that best suits their needs and be able to age in place." Cohen explains, "We have a proven track record, a seasoned management team, and an undervalued stock An undervalued stock is defined as a stock that is selling at a price significantly below its intrinsic value (finance). For example, if a stock is selling for $50, but can be determined to be worth $100 based on future cash flows, then it is an undervalued stock. price. If you look at our stock price today, which is about $3 a share, we are trading significantly below our book and net asset values. What's even more compelling is a comparison of our stock price to our balance sheet. We ended last quarter with approximately $33 million in cash, which is about a $1.68 per share." Looking forward, Cohen states, "Our mission is to enrich the daily lives or our senior residents by providing an environment that stimulates them physically, mentally and emotionally. We expect our Capital Senior Living residents to be treated with dignity and respect. As we continue to succeed in the delivery of services and quality housing to our residents, I believe we will continue to see opportunities for growth." This interview is part of the TWST Healthcare sector available at http://www.twst.com/sectors/health.html or by calling (212) 952-7433 The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask Capital Senior Living Corporation (or any public company) a question at http://www.qawire.com The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
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