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


To: B-MAN who wrote (5842)12/22/1997 2:56:00 PM
From: ted w. kentzel  Read Replies (2) | Respond to of 10368
 
B-Man;

Who cares whether the warrant call was 100% successful? If only 2/3's of the warrants were exercised, it would be over $10M for BNGO. (I'm sure it's over this amount.) Further, for each warrant not exercised, it means one less share of stock to pull down the eps.
It's a win-win for BNGO. The only negative has been the lower stock price for the shareholders/warrantholders. This negative has no effect on longterm fundamentals of BNGO.
B-Man, if you really think the sky is going to fall after this warrant call and you are long the stock, you're foolish. Why are you in the stock? There are many other good stocks out there. Find one.

Ted