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Lennar Corp. Message Board

  • berryrus1982 berryrus1982 Sep 24, 2005 1:10 AM Flag

    THIS IS NOT QVC - put_lipstick_on_this

    Dont advertise your chip bs stock here, we are here talkin about lennar t_lipstick_on_this_pig

    thanks god there are people who sound optimistic - otherwise i would shoot myself here

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    • put_lipstick_on_this_pig put_lipstick_on_this_pig Sep 24, 2005 10:54 AM Flag

      http://www.sec.gov/Archives/edgar/data/789863/000078986305000064/0000789863-05-0 00064.txt

      From: CAVALIER HOMES, INC.
      Approved by: David Roberson
      Subject: FEMA Shipments
      Contact: Mike Murphy (256) 747-9800

      CAVALIER REPORTS AGREEMENT TO BUILD 2,000 HOMES
      AS PART OF FEMA DISASTER RELIEF FOR HURRICANE KATRINA

      Addison, Ala. (September 16, 2005) - Cavalier Homes, Inc. (Amex: CAV) today
      announced that it has entered into an agreement, effective today, with
      Georgia-based Circle B Enterprises, Inc. to build homes for delivery to the
      Federal Emergency Management Agency (FEMA) as part of that agency's disaster
      relief for the Gulf Coast states recently hit by Hurricane Katrina. Under the
      agreement, Cavalier will build approximately 2,000 single-section homes, which
      will generate revenue estimated in the range of $58 million to $63 million,
      depending on delivery locations. The Company will supply these homes from its
      plants in Georgia, Alabama and North Carolina, with deliveries expected to begin
      within two weeks and being fully completed by December 2005.

      Commenting on the announcement, David Roberson, President and Chief
      Executive Officer, said, "Following our participation in a similar FEMA program
      last year, undertaken in response to Hurricane Charley, we are humbled and
      honored to lend our expertise to this important rebuilding effort. In the
      aftermath of a hurricane, especially one of this magnitude - which caused
      staggering devastation in Louisiana, Mississippi and our home state of Alabama -
      there aren't many things more essential than housing. Shelter for the victims is
      needed on a vast scale and urgent basis as a prerequisite to restoring a sense
      of normalcy to these hard-hit areas. We believe our Company and our industry are
      ideally suited to meet this challenge, and we will work tirelessly over the next
      few months to provide assistance to FEMA and the victims of this terrible
      storm."

      Cavalier Homes, Inc. and its subsidiaries produce, sell, and finance
      manufactured housing. The Company markets its homes primarily through
      independent dealers, including exclusive dealers that carry only Cavalier
      products, and provides financial services primarily to retail purchasers of
      manufactured homes sold through its dealer network.

    • put_lipstick_on_this_pig put_lipstick_on_this_pig Sep 24, 2005 8:39 AM Flag

      Well then sell this overinflated POS. You are witnessing distribution of LEN and the rest of the major site built homebuilders!

      SELL SELL SELL!

 
LEN
39.10-0.08(-0.20%)Sep 2 4:02 PMEDT

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