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


To: Citibob who wrote (7059)2/3/1998 4:44:00 PM
From: Joe Master  Respond to of 10368
 
Not only didn't they kiss us. This silence is the equivalent of getting f*rted on afterwards.



To: Citibob who wrote (7059)2/3/1998 4:45:00 PM
From: R. Hanowski  Respond to of 10368
 
<More seriously, you can take the best of business opportunities and wrap it in incompetence and you net a formula for disaster.>

<Show me either from a public relations standpoint or a business strategy standpoint that these guys have a clue how to focus a growing business.>

Correct me if I'm wrong, but didn't this same "incompetent" management take this company from an eps in FY'95 of (.58), to FY'96 of .21, to FY'97 of, what should be, high .40's? Show me another company that is growing earnings like this. IMHO, you are being way too harsh on this management. With that said, I share your concern with the PR side of things.



To: Citibob who wrote (7059)2/3/1998 6:52:00 PM
From: Richard Babusek  Respond to of 10368
 
Citibob. Your charges (all things that have happened,ie warrants & stock price) seem to be adhominem. I share some of your emotions, but anything but financial results is just hype. I started accumulating @ $1.50 (& w's @ 3/8), when everyone was down on BNGO due to bad news in Florida. Anyone could have isolated the operational portion of their reports and observe that the plans were right on track, (less the Florida fiasco). That management stayed the course, and kept plodding on with the expected results impressed me a lot.

The news release/retract/release was clearly a blunder, but most of us with a few years in business understand, wrangling factions in management are nothing new, but normally more private.

I actually relish healthy differences on a board for two reasons.

1) If both sides must be prepared at all times for challenges of their ideas, plans rarely emerge half baked.

2) The apparent ambivalence matches my own. On one hand I want them to stick to the Bingo hall plan. On the other hand, VGM's present a great return without too much risk. I hope that is were the differences lie, a good compromise could easily be worked out.

I believe there is only one legitimate method for management to "control" the stock price and that is with audit able results in financial reports.

Finally, I think this price tank may have happened without any relationship to the warrant call. In that case we would all be blaming management for NOT calling the warrants when they had the chance.

Ricardo