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


To: T.K. Allen who wrote (8720)6/9/1998 10:46:00 AM
From: Ed Pettee  Read Replies (1) | Respond to of 10368
 
Tod

I agree,a little more specificity on the cost cutting would be helpful, however I am really impressed by the degree of cost cuts being undertaken, and the speed at which these are being executed.
I will bet that some of these actions are not being received well by all involved, however it seems like Andre must have had the full backing of the Board , to take this decisive action. With a favorable ruling from the SCSC and the cost cuts kicking in, we should start to see some favorable stock movement. A review of the basics laid out in the base case certainly indicates that the stock is currently undervalued.