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LEADERS AND LAGGARDS.


How industry stocks fared from 2/1/00 through 2/29100

February February: see month.  marked a return to a sector-wide underperformance as the group tell 9.4 percent, trailing the Russell Russell, English noble family. It first appeared prominently in the reign of Henry VIII when

John Russell, 1st earl of Bedford, 1486?–1555, rose to military and diplomatic importance.
 2000's strong 14.5 percent advance and the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Composite's 20.8 percent rise.

While the outlook for nursing homes has brightened with improved comparisons expected for Manor Care and Beverly Beverly, city (1990 pop. 38,195), Essex co., NE Mass., on Massachusetts Bay; inc. as a city 1894. Its chief manufactures are electronic and scientific equipment, consumer goods, and chemicals. , you wouldn't would·n't  

Contraction of would not.


wouldn't would not
wouldn't would
 know it from the continued weakness in the stocks. 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.
 continued to tread tread

injury to the coronet of the horse's hoof by treading on it by the opposite hoof, or by another horse when they are being worked in a team. If the coronary matrix is injured there may be a subsequent crack or deformity.
 water, with large charges announced by Alterra and Capital Senior Living.
Company                 Gain/  Closing
                        Loss   price
Contennial              +70.8% $5.13
(NASDAQ-CTEN)
Greenbriar              +21.1% $1.44
(ASE-GBR)
American Retirement     +15.8% $8.25
(NYSE-ACR)
Genesis Health Ventures -38.5% $1.50
(NYSE-GHV)
Manor Care              -34.9%  $8.50
(NYSE-HCR)
Regent Assisted Living  -33.3% $1.38
(NASDAQ-RGNT)
Company                 Key factors
Contennial              Sock skyrocketed with announcement
(NASDAQ-CTEN)             that Warburg Pincus was taking
                          company private.
Greenbriar              After going nowhere for a year, stock
(ASE-GBR)                 came to life with some late February
                          buying, auguring well for early March.
American Retirement     Stock gained strength after reporting
(NYSE-ACR)                a generally in-line quarter, slower
                          development and planned asset sales.
Genesis Health Ventures Continued operating difficulties and messy
(NYSE-GHV)                arbitration with Manor Care over
                          alleged breach of Vitalink contract.
Manor Care              Beat lowered 4099 earnings expectations
(NYSE-HCR)                but still bedeviled by labor costs. Stock
                          hit 52-week low as even optimists see
                          recovery several quarters down the road.
Regent Assisted Living  Following move to NASDAQ bulletin board
(NASDAQ-RGNT)             shares have languished in illiquidity.
SOURCE: RAYMOND JAMES & ASSOCIATES, ST. PETERSBURG.
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Article Details
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Title Annotation:nursing home securities outlook
Author:ADLER, SAM
Publication:Contemporary Long Term Care
Geographic Code:1USA
Date:Apr 1, 2000
Words:258
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