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

To: Yamakita who wrote (7422)	2/17/1998 10:08:00 PM
From: Nittany Lion	Read Replies (1) \| Respond to of 10368

Eric, I just finished listening to the tape after reading the boards first and I have to admit I feel a little better, i.e. I put the sleeping pills back in the medicine chest for another day. Things certainly aren't what we had hoped for but it isn't a disaster either. Some positives that I noted are: 1. Senate only has 23 solid votes for ban - need 29 2. Revenues are up in Jan./Feb. 3. Future acq. for cash rather than stock - no more dilution 4. Orton sale - diversification and taxes - still holds over 100000 sh. with no plans to sell more (not aware of any other officers selling) 5. concentration on Bingo Halls until Gaming issue resolved - no further gaming purchases 6. 67% of S.C. voters favor VGM's if tied to increasing taxes for education 7. Making more money with 14 halls than they were making with 20 And some negatives: 1. not going to make .44 for 97 2. deal flow very slow going into 98 - NEVER going to make 1/wk. 3. legal/lobbying sounds like it's eating them up in S.C. 4. can't figure out how you can start with 20, close 6 in S.C. and 2 in Tex. and come up with 14. 5. Mims indicated that S.C. situation will not be settled until late May And some items of interest: 1. no add'l VGM's but Mims mentioned they just added 15 around Myrtle beach 2. Wilson called the CEO shuffle "Internal Negotiations" - I like that 3. Wilson's reason for price decline - arbs and afterwards they "stumbled on the Press Release" - the man has a way with words Well, I guess some of the uncertainty has been removed, kind of, maybe, sort of....... Gary