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

To: Dale Baker who wrote (7056)	2/3/1998 2:49:00 PM
From: B-MAN	Respond to of 10368

Dale - in response... 1) I don't think I've been a skeptic; to the contrary, I'm quite a believer in the overall business. Rather, I've just been very critical of mngmt & their execution of the business plan, etc... At times (most recently), I've been very frustrated by mngmt's ineptitude, "bungling" (re: warrant call & leadership fiasco) & the subsequent silence. 2) My faith in mnmgt HAS NOT CHNGED and won't (I'm negative...), at least not until they have had a decent oppty to respond to shareholders, etc... I hope their silence is NOT their ultimate response. Overall, due to mgnmt's own actions and those of M. fearnow -> complete credibility has been lost. HOWEVER, the fundamentals of the co. (BNGO) have not chged (from an earnings perspective & cash position) and THAT is why i have not lost all faith. For the earnings this co. has the potential to realize... it is still trading at a discount. In the future, I think SC situation will improve and once recent fiascos are put behind (just like Clinton), if mngmt IS PROACTIVE/REACTIVE, smoother waters lie ahead for us all! I hope this helps to clarify my position. B