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

To: SE who wrote (5579)	12/15/1997 10:13:00 PM
From: Nittany Lion	Read Replies (1) \| Respond to of 10368

Scott, I think you may be a little high on your estimate but probably in the ballpark. I do wish someone could explain to me how the "professionals" can trade these things right up to the deadline ( i.e MVSI today 500000+) whereas our brokers need upwards of a week notice to handle the conversion. BTW, so who died? Gary

To: SE who wrote (5579)	12/16/1997 7:23:00 AM
From: T.K. Allen	Read Replies (1) \| Respond to of 10368

Scott: My biggest concern is the group I labeled The Hopeful and someone else called The Patient. Despite the data from MVSI showing 500,000 warrants changing hands on the last day (I don't trust that number), I get concerned about a lack of buyers in the last day or two of the call. Unless a price divergence opens up between the warrant and the common, I can't satisfactorily answer the question, "How are those who buy warrants in the last few hours going to profit from the transaction?" TKA