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


To: SE who wrote (7367)2/16/1998 9:35:00 AM
From: Ed Pettee  Read Replies (1) | Respond to of 10368
 
Scott-

I have a print out of the prior Company Overview page and it states that "the company currently has 20 Bingo Centers open in Texas ,Alabama, and South Carolina and five in development to open by the end of this quarter".(Dec Qtr.). This would have given 25 by year end. The 20 number is also mentioned in the press release of Oct 9th and the press release of Nov,6th, so we can be sure there were 20 in existence. On the conference call of 11/13 it was mentioned that two in Texas were closed that had lost 120k and 70k respectively and their closure should increase earnings by .05 per share. You are correct I don't see how we got to 16 unless two more were closed that we are not aware of and I don't know what happened to the five new ones that were being built out for the end of the year. Sounds like a soft shoe shuffle or just lack of communication. Should get answers at the CC,