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Technology Stocks : Research Frontiers (REFR)
REFR 1.9400.0%9:30 AM EST

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To: N. Dixon who wrote (889)10/3/1998 7:53:00 PM
From: Alastair McIntosh   of 50017
 
N. Dixon

I do not post on Roger Babb's thread but often read it. Roger is a very astute investor and I find his judgement to be sound. I was away at the end of August and did not see where he posted that he was short REFR. However, if he is short, it reinforces my decision.

There seems to be a rather small short position in REFR, so I don't think shorts have had much to do with the price. I will try to short next week if my broker has shares.

I would certainly not attempt to change the views of any long term longs. However, prospective investors may want to consider both sides.

By the way, if REFR has plenty of cash with products and royalties coming soon why would they get into a deal like this?

Best of luck with your position (if I can't short)

Al
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