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

To: SE who wrote (6486)	1/19/1998 3:02:00 PM
From: Curtis H.	Respond to of 10368

<Does anyone out there know anything more about this issue?> Scott, I have heard rumors from certain sources that they may have institutional investors lined up to buy Mr. Wilson's shares. As they would certainly be getting them at a discount, I have also heard there may be a two year lock-up period. I have no idea if this private placement would be at market prices or at a premium. Regardless, I think it is very positive for the long-term value of the stock if this scenario is true. I think Mr. Wilson (and management) realize that he is not going to get a very good price if he dumps that many shares on the market. For this reason, I think they have something up their sleeve. Just my opinion, though. May have something to do with everybody being in Dallas on Friday. Time will tell! I think this issue will be addressed by management soon, either by press release or conference call. Hopeful From Houston, Curtis H.

To: SE who wrote (6486)	1/19/1998 3:14:00 PM
From: freeus	Read Replies (1) \| Respond to of 10368

Mr Wilson's shares: I'm concerned too. I also would like to know more about the change in focus that caused him to get out. I know we all have our own ideas about this but would like to hear it from managment. GO PACK GO GO MARKET GO!!!!!! Just being silly and superstitious. Freeus

To: SE who wrote (6486)	1/19/1998 4:01:00 PM
From: jimmy	Read Replies (1) \| Respond to of 10368

Quote from today's Wall Street Journal "An American Bingo spokesman said Mr. Wilson and the board decided the company needed management experienced in growing a company from American Bingo's current size. Mr. Wilson didn't return a phone call seeking comment." Doesn't sound like an amicable divorce to me. Sounds like a mutiny. But I agree, Wilson would be foolish to dump his shares in an already depressed BNGO market. I would think that Logue, Harrison, and Mims want to buy Wilson out so that they can retain control of the company. On the other hand, should Wilson retain his stake, it could make for a very lively annual meeting. I mean, did he surrender or merely retreat to fight another day. Can you say proxy fight?