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To: tsigprofit who wrote (5288)	7/6/2001 2:33:28 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 48461

Thanks.. I see in Business week they have a puff piece on MOT & Chris Galvin. I know members of the extended family, as some live near me, and the stories I could tell you about the mistakes that have been made there would amaze you. Anyway, his dad resigned from the board a few months ago, the betting was so he wouldn't have to be part of a board that at best significantly reduces his sons responsibilities. The message is, when you start seeing puff pieces, like when I talked about shorting HDI on Jim's 13 thread many months ago, look for an exit, shares to borrow, or puts. In the real world, MOT & SUNW both are $10 stocks......That may not happen, but they are both good traders, short or long. EMC really taking a gut punch today. Of course, looking where it was 10 years ago, today isn't much...

To: tsigprofit who wrote (5288)	7/6/2001 3:12:34 PM
From: Bucky Katt	Respond to of 48461

Interesting dividend news with CN, would have been nice to buy it @ 3.50 a few months ago, get a $5.00 dividend today..Wish I had...And why aren't more small companies so shareholder friendly? ""On May 31, 2001, Calton, Inc. (the "Company") announced that its Board of Directors has authorized a special dividend of $5.00 per share, or approximately $21 million of the Company's cash reserves, payable on July 5, 2001 to shareholders of record as of June 20, 2001 (the "Special Dividend"). The Company's Board of Directors believes that shareholder value can be best enhanced by returning a portion of the Company's equity to shareholders through the Special Dividend and continuing to pursue the Company's strategic plan. The Company believes that its shares have significant value above the $5 being distributed and, after the Special Dividend, the Company will have sufficient resources to fund the continued development of existing businesses, including the opportunities being pursued by the Company's subsidiary ventures Innovation Growth Partners, LLC and PrivilegeONE Networks, LLC. Earlier this month, the Company acquired its co-venturers' interest in PrivilegeONE Networks, LLC and, as a result, this entity, which recently announced a strategic alliance with Fleet Credit Card Services, is now a wholly owned subsidiary. The Company plans to continue the web strategy and information technology services business currently conducted by its wholly owned subsidiary, eCalton.com, Inc., and, as previously announced, will continue to evaluate other acquisition and business opportunities to build shareholder value. The Special Dividend is expected to represent a tax free return of capital to the Company's shareholders to to the extent of their adjusted tax basis in the common stock. Shareholders are advised to consult their tax advisor to determine the proper characterization of the Special Dividend.