CAMDEN PROPERTY TRUST T.CPT

Primary Symbol: CPT

Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in, operates and develops 176 multifamily properties comprised of 59,800 apartment homes across the United States. Its four properties were under construction and consist of a total of 1,166 apartment homes. The Company’s properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others.

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CAMDEN PROPERTY TRUST

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Post by ggnineon Mar 07, 2002 10:38am

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Post# 4854704

Also dissapointed.

The part I disliked the most was the 3 million warrants good for 2 years @ .31 cents. I see Toby raised the same amount 6 months ago (750,000)-- @ .50 cents a share with a .62 cent warrant. I thought the news for SEGB was fairly good -- $177.000 x12 months = over 2 million US. or 3 million Canadian. If they achieved even 1/2 of their previous growth of 12% -- say 6 % a month-- that could equal 5 or 6 million Can. for the next full year. Thats not counting CIBT or Irix. I guess Toby and buddies have been burned in the previous IPO's and decided to make up for it this time. My opinion only!

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