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Technology Stocks : Research Frontiers (REFR)
REFR 1.790+0.6%Nov 20 3:59 PM EST

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To: Michael Klausner who wrote (65)7/5/1997 8:10:00 PM
From: ARCHIE P.   of 50198
 
One outstanding fact came out of the annual meeting this year that really cought my attention ant that is this: Mr Saxe stated," RFI estimates that at least 20 billion square feet of flat glass are manafactured yearly. If SPD smart windows captured just one percent of this market, that is 200 million square feet, and assuming royalties to RFI are at.50 cent per square foot, RFI would realize 100 million in royalties annually just from a one percent penetration. In addition there are an estimated 150 billion square feet of windows already in place. If our licensees should penetrate just one percent of the retrofit market, 1.5 billion square feet, RFI could realize 750 million in riyalties............. It does not take a genius to figure what these kind of royalties would do for the price of this stock. With just this section of their future market potential kicking in the stock would soar into the tripple digets as earnings per share after expenses would approach the 5 to 7 dollar area. With stock splits and other segments kicking in who knows how high this stock can rise??????????? Only time will tell.
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