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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Sep 29 11:29 AM EST

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To: jimmy who wrote (5274)12/9/1997 9:30:00 AM
From: Joe Master  Read Replies (1) of 10368
 
But this level can change as the mix of owned versus serviced machiens changes. I think we need to know th effective number of VGM's operated or under our control. Otherwise we will miss out on the size of acquisisions and the potential for revenue and over state/understate revenues and earnings because the potential swings are so great. How about the MIMs machines that we only owned a fraction of in the gold strike deal before we did a second deal to acuire the other 29% (or so my memory may be a little faulty). I think a standard number of machines is the answer.

The profits per machine are too much affected by seasonality and other factors to be reliable.

Joe
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