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Technology Stocks : Research Frontiers (REFR)
REFR 1.950-7.1%12:29 PM EST

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To: Kevin Podsiadlik who wrote (2043)5/6/2002 7:22:53 PM
From: N. Dixon  Read Replies (1) of 50245
 
That's true but that has been the case for a couple of years. Those amounts have shown up in licensing fees which was $140K.

Still doesn't change the fact that commercialization of SPD products is occurring. I'm sure we'll hear more about it this year and see numbers for the first runs. Since mass film production just started in February I just expect the revenues to start looking substantial (6 figures would be nice) by 4th quarter. I look forward to the annual meeting where we'll learn more. This stock has always been a long term investment for me and I am happy that they have finally gotten to critical mass w/SPD. I've been in since 1992 and will still be an owner (hopefully collecting dividends) in 2012.

ND
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