Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.470

-0.7%

Dec 19 9:30 AM EST

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To: Kevin Podsiadlik who wrote (9416)	3/13/2003 7:00:15 PM
From: Bill Ulrich	of 10293

Ha! A child of five could understand this. Quick &#151 fetch me a child of five (who is apparently providing Dixon's stock price math and projections). "REFR isn't supposed to be valued on its earnings. It has to be valued on its potential, just like the dot-coms were! Remember how the online party goods market was supposed to be $2 billion a year? That's the kind of metric REFR needs to be evaluated on! You see, REFR only needs to conquer 1% of the worldwide glass market to get $50 million in royalties a year! And since REFR has no operations to speak of, the cash will all flow straight into the pockets of the shareholders as dividends! We'll be rich, Rich, RICH I TELL YOU!!!"

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