Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Jan 16 9:30 AM EST

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To: Citibob who wrote (8465)	5/6/1998 3:59:00 PM
From: Robert L. Akers	Read Replies (2) of 10368

I'm a little surprised the stock price didn't get a bounce from the CEO announcement. Perhaps the delay in the press release had something to do with it, but still, it seems like a positive move that was not reflected in the price. Perhaps today's fall is attributable to the slightly more tangible possibility of a S.C. state lottery to compete with VGM's? My scenario for a recovery is as follows. 1) New leadership comes on board 2) A positive opinion from the S.C.Supreme Court on the lottery question 3) Strong 1st quarter results 4) Outreach to shareholders, including a strong and well-substantiated vision statement, a conference call, and a response to our questions, all prior to the annual meeting 5) Escape without major damage from the S.C. legislative session 6) A few smart acquisitions 7) No more major screw-ups I don't think we're far enough along on this agenda to say "nothing short of a buyout will get this baby to move". Obviously, item #1 by itself will not do the job. But it's a start. And notice that all of this could happen by July 1, though #6 may take longer. #7 is obviously open-ended, even more so than usual because the recent string of screw-ups will require a large measure of redemption. Larry

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