Calton, Inc. (CN) Message Board

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Microcap & Penny Stocks : Calton, Inc. (CN)

CTON 0.800

0.0%

Oct 30 4:00 PM EDT

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To: KINGTUNA who wrote (29)	3/25/2000 7:39:00 PM
From: Glenn Petersen	of 67

CN ran up in anticipation that there would be some sort of announcement in regard to their plans. When there was no announcement, the stock imploded. In their last 10-K, they stated that they will either make a major acquisition by June 30, 2000, or liquidate the company. I would bet on an acquisition, though I am not overly impressed with their moves to date. Regardless, I don't think that there is a lot of risk at the current levels. Good luck. Wish I had lightened up at $6. ):

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