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


To: Jonathan Bulkeley who wrote (7250)2/11/1998 9:59:00 AM
From: Mackie  Read Replies (1) | Respond to of 10368
 
Has any thoughts gone into the fact that this company is holding a boat load of cash compared to the share price, I estimate (1.40+/-)?

This would be prime picking for another company to come in and spend that CA$H, especially a company that has someone that has been close to generating that cash...

I think that an offer, at this point in time, to shareholders would go over quite easily. Especially, all who get more more involved with the warrant call. I would speculate that a company could offer between 8-$10 a share.

Any thoughts...