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

To: Ed Pettee who wrote (5471)	12/12/1997 10:51:00 AM
From: Que	Read Replies (1) \| Respond to of 10368

<<OFF-Topic>> Interesting ED, the stock has shed more than half its value while trading 1/4 of the shares outstanding. Could be an over-reaction... on the other hand - this has brought them to a PE in the twenties. If their growth is going to stall in the next 2 years, thats about where it should be. A short-term play might be interesting... but I'm not keen on owning tech-stocks, and haven't been for the last 6 months. That's how I got into BNGO in the first place. The market tends to gap down to just about the right level on these heavily traded stocks. Thousands of MBA's are looking at these stocks constantly. The big question is how many IIs will come back in at the begining of next year after recording this loss for FY '97. I am going to keep an eye on these hard hit stocks at the begining of January, that's when you might see a rebound. L.L. & P.