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Technology Stocks : Research Frontiers (REFR)
REFR 1.645+5.9%10:06 AM EST

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To: Roger A. Babb who wrote (1007)10/7/1998 11:04:00 PM
From: Jay Lyons  Read Replies (1) of 50311
 
All I'm hearing out there is how the credit markets are drying up, there will no new capatilization, and there's a recession coming.

It makes sense to me that REFR would go to the trouble and expense now to line up what is essentially 8% financing, which they might in fact need to use if the climate forestalls a market for new product introduction.

I have no position in this company, but I've been watching its progress for a couple of years, and plan to go long in a big way when they begin to ramp.

I don't hold shorts (or much in the way of longs, these days!) overnight, but if I did, I'd be spending more time looking at the nets and the last few Dow soldiers still standing than I would this little puppy.

Enjoyed reading the discourse between you and N. Dixon (could have done without Ms. Payne, however), and am currently reviewing your thread.

Jay
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