Hey dude, quite interesting list you got there.
Guess you can't go wrong with T and PG at this price. I'll might nibble some T.
ATHM is tempting too...
NATS and CN, first time seeing them. CN certainly is interesting company....
I think the company should pay dividend of $6 to the stock holders,
then rest will be freebie <g>
What are they gonna do with all those cash?
Are they going to incubate dot.coms?
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Copied B/S of CN.
PART I. FINANCIAL INFORMATION
Item 1. FINANCIAL STATEMENTS
CALTON, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
February 29, November 30,
2000 1999
(unaudited)
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Assets
Current Assets
Cash and cash equivalents ................................. $ 34,998,000 $ 33,786,000
Securities available for sale ............................. -- 1,339,000
Holdback receivable - current.............................. 708,000 1,205,000
Receivables ............................................... 424,000 337,000
Prepaid expenses and other assets.......................... 318,000 202,000
------------ ------------
Total current assets ................................... 36,448,000 36,869,000
Holdback receivable........................................ 2,299,000 2,842,000
Securities available for sale ............................. 1,754,000 16,000
Notes receivable .......................................... -- 338,000
Goodwill, net ............................................. 360,000 233,000
Fixed assets, net ......................................... 241,000 143,000
------------ ------------
Total assets............................................. $ 41,102,000 $ 40,441,000
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Liabilities and Shareholders' Equity
Accounts payable, accrued expenses and other liabilities $ 2,053,000 $ 1,350,000
Net liabilities of discontinued operations................. 450,000 437,000
------------ ------------
Total liabilities........................................ 2,503,000 1,787,000
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Shareholders' equity
Common stock............................................... 285,000 283,000
Paid in capital............................................ 32,695,000 32,636,000
Retained earnings.......................................... 13,888,000 14,951,000
Less cost of shares held in treasury....................... (8,698,000) (8,698,000)
Accumulated other comprehensive gain (loss):
Unrealized gain (loss) in securities available for sale.. 429,000 (518,000)
------------ ------------
Total shareholders' equity .............................. 38,599,000 38,654,000
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Total liabilities and shareholders' equity............... $ 41,102,000 $ 40,441,000
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