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

To: SE who wrote (7357)	2/15/1998 9:30:00 PM
From: Ed Pettee	Respond to of 10368

Scott- The number of current halls and the amount that they expect to have in operation by 6/30 is key to getting a handle on the year. Also, whether the press release stating that Gaines Berland was hired "as a financial advisors to review various strategic alternatives to enhance shareholder value" means that they are looking to expand in other gaming areas outside of Bingo Halls and VGMs. It is always of interest to review the statements made at the last conference call on 11/13. Wall St Bum did a a great job in capturing the key points in post#3582. I am assuming that JTO who said earnings would be in the"high 40 cents for 97" is not backing off that number. and it will be reinforced during the press conference. We took that as being between .45 and .48. Also the fact that slow seasonality depressed 2nd and 3rd quarters, but he was expecting a strong 4th and 1st quarter from seasonal bump in VGMs.