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


To: Jay D. who wrote (5743)12/19/1997 12:24:00 PM
From: SE  Read Replies (2) | Respond to of 10368
 
Let's think about this another way. The stock is sitting just above the conversion price. People are buying and people are selling. Who is buying and who is selling??? My thought is that normally individuals do not buy stocks when they are hammered. So therefore, individuals, for the most part are not creating this volume we see. If not individuals, who..institutions. Who is selling? Someone with some sort of knowledge that we do not have??? No way, the stock would be tanking if that was the case as I have already concluded that the individuals are not buying.so if the professionals were selling in bulk like this, we would be down big. Therefore, this selling must be the final few individuals who just cannot wait another couple of days to see what happens. Seems odd to me that we have all of this volume two days prior to expiration, but heck, what do I know.. I did not sell my warrants at the top.

GO PACK GO!

-Scott

PS - MLOG. Don't know what they do or anything else about them. Don't base the decision on earnings to price alone.



To: Jay D. who wrote (5743)12/19/1997 12:36:00 PM
From: mark cox  Respond to of 10368
 
Jay, I don't know anything about MLOG either but just took a quick glance. Besides the 2 companies having absolutely nothing in common and in different industries their could be several negative things about MLOG that you aren't aware of. Earnings aren't the only thing that you should look at. If you haven't already you should read a couple of their past 10Q's and their last 10K, that is where you will discover the nuts and bolts of a company.

BNGO has a net profit margin of 28%.

MLOG has a net profit margin of 10%.

So for every dollar each company has in sales BNGO makes 180% more money. Net profit margins are one of my favorite fundamentals.

Mark



To: Jay D. who wrote (5743)12/19/1997 2:47:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 10368
 
Check your figures, JD. Earnings for MLOG are only reported at $.48, with $.58 expected for 1998.

See: quicken.excite.com

TC.

PS: still on the sidelines for now, waiting for Tuesday. Glad I bailed out at 6, but hoping to get back in nearer to 5.