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

To: T.K. Allen who wrote (8724)	6/9/1998 3:53:00 PM
From: Joe Master	Read Replies (2) \| Respond to of 10368

I agree that everything I see about our new CEO is positive. One thing I do not understand however is the stock buyback. I of course have been a/the leading proponent ofthis action here on SI. I think since they announced they were going to do it they should get it started. With this low volume they can make maximum use of their financial leverage and get the price up to $5 with little capital expended. THis in turn would make our stock more desireable to be used for acquisitions thus keeping the cash hoard available for further stock buybacks/acquisitions or other uses. As it is we have $11 million sitting in the bank drawing 5% interest. Lets see some action now (please).