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Non-Tech : Bill Wexler's Dog Pound
REFR 1.670+6.4%1:08 PM EST

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To: Kevin Podsiadlik who wrote (8082)7/12/2001 7:42:36 PM
From: N. Dixon  Read Replies (2) of 10293
 
Kevin/Bill,

Please show me where RFI failed? You posted my postings which I acknowledge were naive in understanding the scope of what needed to be done. As I said, I don't work for REFR now and I never have so it's absurd that you would you equate my postings with them. I did think we'd see products announced earlier because I was aware that Hankuk was actively working on this. I was right. They were. What I was wrong about was when they would announce. They have. What is it about the reality of that that escapes you? The orders are in, the factories built, the infrastructure is in place. No one "failed" at anything. We have no debt, 12 million in cash and profitability coming in 2002 with full year possible in 2003. So it's a happy ending....

unless you have to buy back 1.5million shares.

I take full responsibility for predictions. I am happy to report that if you bought REFR when I made those predictions, you would be up 200-400%. If you had shorted then as Bill recommended you would be in the same desperate situation the shorts now find themselves in. We are going to be up another 200%-400% in the next three years and that's an UNDERESTIMATE!

ND
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