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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Sep 29 11:29 AM EST

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To: Que who wrote (5280)	12/9/1997 10:57:00 AM
From: Musya	Read Replies (2) of 10368

Que, there was a good junk (several tens of thousands) BNGO that came through almost at the close. I think that todays good chunk of BNGOW is the "corresponding" portion from the MMs play. I also think that we should not jump to any conclusions about the volume of BNGO being greater than that of BNGOW, because of this last chunk. They (MMs) just did not have time (or did not want to) to push through the corresponding chunk of warrants. If they'd did, we'd have a (lately) usual picture of volume for warrants equal to or greater than the volume of shares, for all practical purposes. And again today, it seems (though I did not have a chance of following it very closely), we are trading (selling) at the bid, and They (MMs) are buying our warrants... Jimmy, thanks for your numbers. I agree with your approach to establish "a floor" for the estimates, which looks is a very reasonable one, and should remind us why the investors should be looking at this stock when the mess is all over. Musya.

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