Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Jan 2 9:30 AM EST

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To: Nittany Lion who wrote (8541)	5/15/1998 11:17:00 AM
From: Nittany Lion	of 10368

I am also very encouraged by the dual announcements this morning and looking forward to the conf. call. The tone even seemed to be better. First quarter 1998 net income was also negatively affected by $160,000 of payroll costs for personnel no longer with the Company. Mr. Henry's buyout? We have already taken actions to improve annual earnings by over $800,000 since the beginning of the year through payroll reductions and .... This seems to contradict the salary increases announced earlier - will be interested in some clarification. All in all I think this will become the pad from which Mr. Hilliou can launch the Co. back to the investment we all thought it could be. Gary

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