SI
SI
discoversearch

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: hoper who wrote (7300)2/12/1998 4:23:00 PM
From: Jonathan Brown  Respond to of 10368
 
Hoper, see my post 7279. Without word from management, BNGO becomes a religion, based on faith in its "goodness." If Perot could greenmail GM for $750 million to get him off its board, I wonder how safe the warrant call cash is from the company's trustees, especially since my understanding was Mimms and Harrison come from a video poker background. If bingo will be the company's focus, these folks might want out. Do we expect them to walk away empty-handed? If they plan to stay, it would be nice for them to say so. Soon. But my guess is no one is talking because the company is topsy-turvy. Until we get firm, frank, and full information, I'm still looking for a bottom of around 3, assuming MT's (it was you, wasn't it, MT?) book value calculation of about $2.50 a share is ball-park correct. However, if the board starts handing that money out to malcontents, the book value figure will slip. Maybe next week we'll know better.

J



To: hoper who wrote (7300)2/17/1998 9:30:00 PM
From: hoper  Respond to of 10368
 
Some thoughts after reading the thread this evening following the CC. I have been long this stock since late Nov. 97. Although I believe there was a effort to hype the stock prior to the warrant call. I accept full blame for my decision to buy this stock. I for one can't see how we as shareholders keep expecting this management team to make good decisions. Every time opportunity rears its head they manage to screw it up. The last being the CC. Effective tomorrow I become a trader of the dog. Good luck to all.

Always Hopeful

Hoper