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

To: freeus who wrote (5983)	12/25/1997 12:05:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 10368

Since we are chiming in on the 900,000 lost warrants, a few points: --I agree management screwed this up with the short call. A micro-cap shouldn't walk away from $4 million in free capital. All they had to do was extend the warrant call when the slide first started. Their choice was to pump up the 10-K at the expense of BNGOW holders. Instead they toasted some shareholders and missed 30% of their goal. Not good. For the record, JTO, many of us think you made a mistake here which we hope you learn from in the future. --But this doesn't question my resolve to hold long term. JTO et al may be less than adept at their stock price management, but the basic BNGO story is still intact, now with a better balance sheet. I'll be holding my BNGO as long as it grows, and always with a trailing stop if they slip. I won't ride out another management-induced drop for whatever reason. --I'll dream little about BNGO in the teens, whenever that happens. I think BNGO owes many of us a better 1998 than what we had in 1997. The potential is there; get to it, guys. Merry Christmas to all.