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

To: george eberting who wrote (6523)	1/20/1998 11:36:00 AM
From: SE	Read Replies (1) \| Respond to of 10368

If there is anyone left, does anyone find it amusing that we are trading at the warrant exercise price???? Not me. GO PACK GO! -Scott

To: george eberting who wrote (6523)	1/20/1998 12:33:00 PM
From: jimmy	Respond to of 10368

I don't buy the "Wilson Snit" scenario. Hell, you don't run off and issue a press release announcing a new ceo/president and the departure of the company's founder because he "threw a fit" at a Board meeting. I think a major battle for control is raging within AB&G. Clearly, Friday's press release was issued without Wilson's participation or approval, and yesterdays release was apparently issued by Wilson without the participation of all the principals. Why am I so sure? (1) friday's press release should have included soothing statements from Wilson. (2)the WSJ quoted an AB&G spokesman saying it had been decided that "the company needed management experienced in growing a company from American Bingo's current size". (3) yesterday's release should have included the obligatory "we are pleased that Greg has decided to remain with AB&G.. blah.. blah.. blah.. Greg is wonderful.. blah.. blah.. blah". And by the way, this "letter of intent" stuff is only important to the extent that it indicates where Wilson wants to take the company. One thing is certain: this management team cannot coexist. Somebody is going to have to step aside, and it looks like Wilson does not intend to go down without a fight. On the bright side: the shares are pretty evenly split between both camps, so ultimately, we may get to decide who manages this company into the future. Usually, the annual proxy solicitation is a mere formality. Looks like this year might be quite different.