SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (6253)1/9/1998 12:19:00 AM
From: ted w. kentzel  Read Replies (1) | Respond to of 10368
 
To all;

Spoke with Mike Fearnow today. He stated the stock should be marginable by mid-Feb, as the stock will make the quarterly listing of marginable securities. However, we will not see NASDAQ listing until March. The reason being is they have met the last requirement of having a net worth of over $10M (I believe), but they are not sure if these numbers have to be certified through the quarterly/yearly filings. As these year end #'s won't be ready until February, they can't resubmit the application before then.
It is also rumored that there may be a news release regarding the bingo hall acquisitions sometime in the next week or two.
Insiders believe the stock is worth well over present price and aren't motivated to sell at this point. They would like to see the stock closer to $20 and, of course, are in for the long haul.
Management is persistently presenting the company to institutions and will be in Dallas next week for some meetings. Remember, Corky Logue made EZ Corp into a faily large sized company with a share price of over $30. starting with one store. Let's hope he can do it again.

Ted