Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

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Sep 29 11:29 AM EST

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To: jimmy who wrote (5992)	12/25/1997 4:08:00 PM
From: Jonathan Brown	Read Replies (1) of 10368

Jimmy, thank you for the reference to John Orton's post on the warrants. When lots of us were thinking the call period would be substantially longer, we weren't pulling the assumption out of thin air. All the same, we did have a few days to run for the sidelines before BNGO tanked. Looking at it all today, I'd say everybody goofed, management, stockholders, and warrantholders, with this exception: the market makers and arbitragers who shorted BNGO(W) to death, making their killing on the way down, and who now I imagine are holding pots of cheap stock to sell on the way up. But then, it's their game, isn't it? Live and get burned--I mean learn. To better days ... J

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