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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Jan 16 9:30 AM EST

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To: Market Tracker who wrote (7127)2/6/1998 1:54:00 PM
From: Robert L. Akers  Read Replies (1) of 10368
 
I'd like to also thank Frank for reporting on his office call.

While I'm as anxious as anyone else to hear some official word on
management issues, I think we need to remember that this company is
very small. The barn's burning in S. Carolina. I'd much rather the
guys at the helm be out there dealing with the political crisis than
spending their time *at the moment* making us feel better about their
plans. If they had to spend a day or two preparing to
present a united front to shareholders, I'd be wondering why the heck
they weren't using that time to deal with the legislature, where the
more pressing problems lie.

As for the share price, it's a bummer. But I don't think anyone's
smart emough to say how much of the tumble is due to the apparent management turmoil and how much to the political issues. Surely both
are factors. The share price won't recover until both problems are
resolved. The internal problems are totally within the control of
the company and can be dealt with in good time. The political crisis
demands immediate and perhaps completely consuming attention from the
Harrisons, Mims, Wilson, and Logue. So let's be patient about the
internal problems and let the team fight the real enemy.

Larry
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