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

To: Ed Pettee who wrote (6716)1/24/1998 10:48:00 AM
From: SE  Respond to of 10368
 
Ed,

Good point on the cash. Yes there is sense in including that. $13 million at 6% is $780,000. Considering that it will be used up over the course of the year, let's take half of that as I took half of the additional bingo hall income ... it makes sense to do it the same way. That is $390,000 or $.04 before tax and $.025 after tax. That brings it to $.675 for the year on a fully taxed basis using 9.5 million shares as the basis.

GO PACK GO!

-Scott


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