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

To: Market Tracker who wrote (7185)	2/8/1998 10:23:00 AM
From: Ed Pettee	Read Replies (1) \| Respond to of 10368

MT-- Thanks for that information on Logues stock options.Since he had on some of the early 97 shares and all of the 96 shares the opportunity to cash out along the way at any where from 4 times to 8 time the .96c base I assume he does not hold all the options. And any remaining options he would not convert until he had a more reasonable price. Also the total amount remaining is not going to create as big an overhang as I had thought. Interesting, If he averages 4 times ($5.0 per share) he comes out with $38,000 per month on average, or like paying a consultant $1900 a day.(for a 20 day month). I assume his average will be and has been much higher. As a consultant brought in to help in the development and growth of the company, he may make out well, but most stock holders, especially those who baled out after the Warrant call may have another point of view on his contributions versus his compensation. However, I recall that when he was addressing the Micro Cap Conference in Houston and the Las Vegas meeting and the stock was bouncing around 8-9.5 between Oct.1 and Non 15th, and we had the write up in Casino Executive magazine, I was giving credit for a lot of that stock growth to Corky Logue. So I guess its from what period you view it.