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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: Bryan C. Simpson who wrote (5391)12/10/1997 3:03:00 PM
From: ted w. kentzel  Respond to of 10368
 
Bryan;

I don't think the warrants will drop to zero until Dec 23. We're very close to the lows here. There may be a couple of panics which bring the warrants below .50 but at that point the buyers will come in quickly. Hopefully on Dec 22 or mayber the 19th, the stock will show some signs of reversal. There's a lot of money on the sidelines waiting until the very last minute to get in. Some will have to miss the bottom and buy on the way back up.

Ted



To: Bryan C. Simpson who wrote (5391)12/11/1997 2:00:00 AM
From: mark cox  Read Replies (1) | Respond to of 10368
 
I have seen a couple of posts from BNGOW holders saying that they will let their warrants expire worthless instead of letting the MM's make a profit on them.

First I don't own any warrants, I never bought them. Second, wouldn't you rather recoup some money than lose all of it? This is not the time for pride. Third and definately most important, if you sell your warrants won't either the investors or MM's that purchase your warrants convert them for a quick profit and in doing this BNGO gets all of the warrant money to fuel the most explosive growth they can attain? It makes absolutely no sense to me to let them expire worthless and hurt both yourself and the company as well.

A couple of months from now this warrant call will be a distant memory when BNGO is acquiring 18 new bingo centers and adding hundreds of new VGMs and their growth rate is in the 50% range for the year. Don't be short sighted, think like a long term investor.

Mark