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


To: JakeSki who wrote (6104)12/30/1997 3:02:00 PM
From: Nittany Lion  Read Replies (1) | Respond to of 10368
 
George,

I tend to agree with you:
The warrant call may not have been a disaster, but it was not as good as it could have been.

I really thought that the % would be in the nineties somewhere and 70+% is a bit of a disappointment. I have not been sold on the rationalization that fewer shares means less dilution since you are talking about a company with a 30+% return on equity. Less dilution would be a short term benefit at best. But as you said "show us the money".

Gary