Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.910

+3.8%

Oct 31 9:30 AM EST

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To: Selvin Sonken who wrote (847)	7/26/1998 10:58:00 PM
From: N. Dixon	Read Replies (1) of 49995

I think we all share your frustration regarding the stock price. It certainly doesn't reflect the fact that all three licensees, Hankuk, MSC and Orcolite are on track and SPD products are imminent . Frankly, the company is floored by the TOTAL lack of understanding regarding the SIGNIFICANCE of the last few announcements. The management and scientists at REFR are VERY positive and upbeat. Joe Harary said they have NEVER been closer in the history of the company to product and the stock is near all time lows. Truly something else is at play here. The faithful continue to buy and now that we have a tape of the conference call we are convincing friends who said "is it really going to happen?" to finally step up to the plate. Joe said that Gentex, their competitor in the area of rear-view mirrors(which BTW is SPD's SMALLEST application) has a market cap of 1.5 BILLION! He anticipates that it would be a CONSERVATIVE estimate that SPD glass royalties could generate revenues of 100-200 MILLION annually by garnering only 1% of the existing market!!! This stock's price MAKES NO SENSE!!! This is almost like getting a lottery ticket with a guaranteed payoff of 1000-6000% in 5 years!!! Glad you are still on board. If you haven't listened to the conference call you should get the tape. It is such great news and we have been waiting such a LONG time! Hope you'll be at the annual meeting next June. Some of the faithful are getting together to have a picnic to celebrate product introduction and to just see what the other "fools and dreamers" look like. Keepin' the faith and buying the dream! ND

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