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


To: Nittany Lion who wrote (5778)12/20/1997 5:59:00 PM
From: george eberting  Read Replies (1) | Respond to of 10368
 
Re my warrants: I converted one third, sold one third, and am still sitting on one third. I will sell the final 3,000 on Monday, if possible. I transferred that batch out of an IRA (I'm over 59 1/2)
because I didn't have sufficient capital in the IRA to convert. But since the price has continued to drop, I decided to take
what little write off I can on them. Another reason I didn't want to convert them was that I'm not at all certain that we've seen the bottom of the pit yet. If the common continues to tank after Monday, I may buy some at the lower price. If prices begin to move up, then I'm covered with the shares I already hold. IMO, we're not likely to see much of a recovery until the Asian situation settles down (months), tax selling season is over (days), and significant earnings are verified, (weeks). So I'm just going to sit here and watch for a quarter or two.
George