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

To: Market Tracker who wrote (5791)	12/22/1997 1:48:00 AM
From: WallStBum	Respond to of 10368

Thanks Gary. You know sometimes when I look at my own portfolio which by default I better be bullish about, I wonder if I don't assume that everyone else in the world shouldn't think like me. And be as excited as I am for their own prospects. I think the reason I love a good small or micro-cap company is that I can really get a handle on the balance sheet and income statement and all the other bulls--t just doesn't matter. It really is of little concern to me other than for its spectator value. Also, in the small/micro-cap market, no one is really paying all that much attention anyways. But then the market has a way of jumping out and biting you in the ass when you're not looking. So it's almost better no one's looking to make some connection to the asian market 6000 miles away. So yes I'd be nervous and probably not sleeping well if I was invested heavily in blue-chips because as I see it too much emphasis is given to things that don't directly affect the corporate operations, asian markets, blah, blah. But I'm sleeping fine with BNGO, HGRM, XGNT, CMED and my new addition, NEST. None over $7 and not all that well known, but balance sheet, earnings and GREAT fundamentals galore. dax

To: Market Tracker who wrote (5791)	12/22/1997 8:51:00 AM
From: T.K. Allen	Respond to of 10368

MT - Your post reminded me of something I read in one of Peter Lynch's books. The following from One Up On Wall Street: "On weekends and weekdays I've been hearing that the country is falling apart. Our money used to be as good as gold, and now it's as cheap as dirt. We can't win wars anymore. We can't even win golld medals in ice dashes. Our brains are being drained abroad. We're losing jobs to the Koreans. We're losing cars to the Japanese. We're losing basketball to the Russians. We're losing oil to the Saudis. We're losing face to Iran. I hear every day that major companies are going out of business. Certainly some fo them are. But what about the thousands of smaller companies that are coming in to business and providing millions of new jobs?...Frequent follies notwithstanding, I continue to be optimistic about America, Americans, and investing in general...I'm told that the Japanese started out making party favors and paper umbrellas to decorate Hawaiian cocktails, while we started out making cars and TV's; and now they make the cars and TV's, and we make the party favors and the little umbrellas to decorate Hawaiian cocktails. If so, there's got to be a fast-growing company that makes party favors and the little umbrellas to decorate Hawaiian cocktails somewhere in the U.S. that ought to be looked into." Does this mean BNGO will shoot up to $10 in the next two weeks or two months? Who knows. But I am absolutely convinced a financially strong, well-managed company will, ultimately, prosper. For this reason, I continue to hold BNGO (but maybe they should start making party favors!<g>). TKA