Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: SE who wrote (7477)	2/19/1998 1:08:00 PM
From: Double Dipper	Read Replies (1) \| Respond to of 10368

Scott, Thanks for the quick response. Wanted to double check estimated earnings report date so that I didn't expose myself to pending news. Have done some cursory checking on the company. But, would rather take the pulse of people who have been doing the same. I bought earlier in the day but am only a transient holder. Thanks again, Kevin

To: SE who wrote (7477)	2/19/1998 11:28:00 PM
From: SamYan	Read Replies (1) \| Respond to of 10368

Hi! Scott; Thanks for many of your contributions here. I read your message. Thank you again. For the fourth quarter result, I think that it might be not so good. I have a little suspect, in order to make warrant call possible, good earning already was in the third quarter. I guess, in the accounting practice, depreciation was used up to the high point. My feeling about this was from CC that told us only 14 bingo halls were in operation. The cost to close a hall may be not very big: rent lease, labor for decorating room, and some depreciation of facility. The good news from CC was that revenue target was $20 million. If the company can close non-profitable halls, focus on the profitable halls, the profit margin would increase. Bad for short, good for long. By carefully expanding new halls to keep positive cash flow, the future will be very good. At this moment, I think, insiders may just stand by. Large block more likely comes from market makers. The function of market makers is to keep the trade going, they also take risk to hold certain inventory. It was possible that they did buy a lot of shares before the CC. Hopefully, some bright institutions start to jump in through market makers' network. Anyway, 10% institution holder is very good figure, 20% will be excellent point for a small company. The effect from warrant call and inside fight are not over yet. Cloud fades gradually. The CC prepared us for second thought about the real future. I think, for the daily traders, this stock is not a good choice. At the message to Yamakita, I mention, we need a board member from institution holder who can represent our shareholders' interest, also long term interest for the management team. Thanks. Sam