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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 (6099)12/30/1997 2:09:00 PM
From: B-MAN  Read Replies (3) of 10368
 
Was the warrant call as much of a success as we expected?

(If I recall correctly...) Didn't the w calls TK researched have higher conversion rates? Weren't many of us expecting GREATER than 80% being converted? Frankly, while slightly less than 70% is not bad at all (pls don't misunderstand me/my intentions here...), I was expecting a little more! How do the rest of you feel?

Previously I suggested that when mngmt called the W's, they probably had a specific minimum goal in mind (i.e. 70%, 80%, etc...) which they needed to accomplish to implement grwth plans; as I write this, BNGO is down +/- .25, which really sucks considering the "good news" about the W's and current mkt conditions (possible shorting????)... Did mngmt NOT raise ALL of the capital they needed? By the price action... it would seem many others are disappointed as well considering BNGO's current 'cash position'.

Just lookin' for some thoughts...

B
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