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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Sep 29 11:29 AM EST
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To: JakeSki who wrote (6249)1/10/1998 1:56:00 PM
From: JakeSki  Read Replies (2) of 10368
 
Ok - 6.250 did not hold, *but*, it only broke through by 1/16, and on low volume.

With the broader markets tanking I think the fact that BNGO was basically unchanged is a very good sign that:

a) BNGO trades on its own merit - for better or worse - and is not tighly coupled to outside market linkages. The SC sabre-rattling continues to be a negative, but a least we are not effected by the Asian flu, etc.
b) The near term bottom is at hand.
c) The weak hands have exited.

I am expecting a bit more short term choppiness, then an up move. to 7+.

-- George

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