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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 (7172)2/7/1998 8:08:00 AM
From: SE  Read Replies (2) of 10368
 
Techincally we got some of what I hoped for on Friday with the exception of a close at or above 4 1/8. The fast stochastic has turned the slow stochastic has not. This might be a problem as the slow stochastic confirms the fast stochastic. As it did not, we may be headed lower. The MACD looks good and I hope that we have turned the corner. The latest news is the wild card and I don't have any idea how this will be perceived. I think we are back on track however in that we have one guy running the show and won't have the extreme battles that we have had in the past few weeks. Wilson has shown that he can grow the bingo business and many of us wished the company would return to the bingo business. We got our wish. Now if Wilson will concentrate on expansion and put our money to good use, we may finally be back on track.

Gaines Berland will do what they can to get this stock to respectable levels. We all know that. I won't speak to their reputation at this point.

Good Luck

Scott

PS - incidentally, if you take the new TX hall and 8 of the 15 halls currently under negotiation for 1 month of earnings you get to $.11 cents for the first quarter. This ignores seasonality and if we can hit it, then fourth quarter to first quarter earnings will be flat and second quarter will be when the growth starts again.
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