Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Starbuck who wrote (6871)	1/28/1998 11:55:00 AM
From: jimmy	Respond to of 10368

>>>Do we, or don't we need institutional investors? that's the least of our problems, right now. Wilson might possibly sell his shares to an institution.

To: Starbuck who wrote (6871)	1/28/1998 1:38:00 PM
From: Richard Babusek	Read Replies (1) \| Respond to of 10368

Regarding institutional investors. This situation has all the earmarks of a thin ownership. If I represent a sampling, then the current owners of BNGO are all in. I'll probably snap up a few more shares down here, but not much. No matter what the fundamentals, if the market can not attract new money, the only thing the price can do is drift. Many comments about management "doing something" seem to me very emotional, without clear advise. How fast do you think they can put a deal together? Certailny any ak's must not be "hiped" or they'll catch hell. I believe Wilson was negotiating a private placement for some of his shares and his buyer backed off. For those of you trading, I don't see what you'r gripe is. You make a judgment about the short term direction of price and go for it, If you'r correct you'r a hero, if you'r wrong you don't get to make someone else the goat. If you have strong negative convictions that's the time to sell, sell, sell. I suggest the others stand on your toes, or what ever gives you a more distant horizon. I'm looking forward to quarterly reports. Short of those and MEANINGFULL announcements I don't know what else I could ask for, short of publication of weekly trial balances. Ricardo