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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Sep 29 11:29 AM EST

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To: Harold Finstad who wrote (7081)2/4/1998 2:27:00 PM
From: WallStBum  Read Replies (1) of 10368
 
Harold-

With all due respect, do you honestly believe the success of BNGO last year reaching double digits, hinged entirely on the efforts of Mike Fearnow?

I can accept your view that PR firms are wrongly scapegoated in troubled times, although, in this case I disagree with you. However, I think you've confused the issue. Mr. Fearnow was paid to tell you to buy this stock. You didn't. The stock went up. Then went up some more. And you've been kicking yourself that you didn't listen to Mr. Fearnow, cause look how much you would have made if you had. He must have seemed godly at $10 a share when he told about it $2. Then of course, there was the inevitable price drop. Oh yes, such fond memories I have. Go back through the posts and read where Mr. Fearnow leaked information on the warrants being called. And how about the "knock your socks off" press release which got the market all excited only to find out Mr. Wilson was out and then in.

I'd say that one, Rodney Babcock, did a world more to promote a better understanding of the BNGO fundamentals than Mike Fearnow did. Seems I remember a prior conference call where John Orton (CFO of BNGO) specifically wrote here that Rodney compile all of our questions so that he (Rodney) could have his questions answered in the call. In that same call I remember Corky Logue, abrubtly ending Mike Fearnow's musings and turning it over to John Orton to mop up his rambilings.

Just my opinion, though, and maybe I am being too hard on him, but I find it almost laughable that in the opposite extreme you'd credit the entire success of the stock on him.

dax
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