Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.730

+10.2%

Nov 11 3:57 PM EST

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To: Kevin Podsiadlik who wrote (2967)	8/18/2002 9:23:11 PM
From: N. Dixon	Read Replies (1) of 50119

I know you've made it your life's work to discredit REFR's critics and all I attack the short selling contingent that lied in press releases, that have manipulated stock trading and who use the internet boards to promote their position. I and others will continue to pursue these entities to make sure that this illegal activity is punished and fined. The FBI sting operation has just begun. It is the "tip" of the iceberg. You pretend to be a "bear" on REFR but I would venture that you and Gary Schrimpf have a substantial interest in keeping the stock price down or work for people who do. Now that NREL has acknowledged SPD you'll be hard-pressed to find anyone in the glass research who will deny that SPD is now a tech on center stage for several areas where EC has yet to go and/or will never go. You attack me because you can't attack NREL or PATH. You want to pretend that SPD being presented at IME-5 is not an extraordinary event. Since you have no background, or context in which to understand this milestone, your comments are meaningless. You have put out your earnings projections. You think SPD technology will never bring in more than 500K in revenues to REFR. You give no sources or numbers to back that up. I bought SPD KNOWING that once commercialized they would make AT LEAST 60 million or $5 EPS and that ALL but $.33 of that goes to the bottom line. And since REFR has acknowledged in conference calls to shareholders, their intent to pay a cash dividend once revenues greatly exceed costs, I figure that $3.25 per share out of that $5 is a reasonable estimate. The markets are there. The licensees making the products have multimillion sales in their respective industries and the report is that SPD has a great future in several products. The markets are huge, the company has no debt and the only thing that put this stock in single digits was market-related not company-related. ND

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