Southcon Director's Report
Jim Howard, Southcon Chairman

Presently the Southcon Board of Directors is investiagating avenues
for the future of Southcon.  One of these directions is based on the
way Northcon is going, where the IEEE and possibly the ERA and others,
are allowed a return based on the number of attendees, as well as
booth sales, they provide.  The show managment company is responsible
for running, financing, and overseeing the entire show operation.
This concept will be discussed at the next Southcon Board meeting,
where will we have a presentation from a Show Managment Company about
such a proposal.

Southcon has also reserved space for the 2002 Southcon show in
Orlando, FL.  This allows the Board to determine the best direction
for Southcon, while making plans for alternative venues, should the
need arise.


=======================================================================

To:  Region 3 Committee / Excom
From: James Beall Southcon Director and Treasurer.

Additional Southcon Report 

In addition to the very fine report by Jim Howard you should have the 
following information.

1.  The Southcon Board made a distribution from reserves to its
    owners, divided in proportion to ownership.  In this case $50,000
    went to Region 3, which the Region 3 treasurer set up in a special
    reserve account. The idea being to use earnings from this account
    to replace funds that used to come from Southcon.

2.  The 2000 Southcon show held in Orlando is about to finally close
    its books.  The surplus from this show is the smallest in history.
    At this time, there are no plans to distribute any more funds to
    the owners.  Any distributions are dependent on the future of
    Southcon.