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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Sep 29 11:29 AM EST
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To: B-MAN who wrote (5379)12/10/1997 2:26:00 PM
From: Market Tracker  Read Replies (1) of 10368
 
B-MAN, - I agree with you on all scores. As the warrant time value continues to erode toward 12/22, the arbs will be certain to drag the price of BNGO down accordingly. Warrant holders now have to make the decision if they're going to become investors, or remain traders. Many have learned expensive lessons, but from these levels, assuming even a partially-successful warrant call, and an after tax ROE even approximating 30%, frustrated, impatient, longer-term investors will be amply rewarded.

Good luck,
MT
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