Littlefield Corporation (LTFD) Message Board

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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: Gary K. Best who wrote (5783)	12/22/1997 1:42:00 PM
From: Pat Doucette	Read Replies (3) of 10368

Gary, I respectfully disagree with you about the short term prospects of BNGO. The price had good support at the $8.00 level before the warrant call, so why would the price be artificially supported at the $5.00 level? I believe the price will rise after the call to at least the $8.00 level short term, probably higher. I don't believe it will go anywhere near the IPO price because this is not the same company it was at its IPO. Since that time the company has had: acquisitions and openings of several more centers, including Gold Strike and Darlington. increase in EPS good support at levels much higher than today Also, there is the common knowledge that a warrant call puts downward pressure on a stock I am not a number cruncher but I am sure there are more than a few readers on this thread who could add numbers to the above. Good luck to all. Patti

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