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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: N. Dixon who wrote (3402)2/10/2003 6:29:17 PM
From: inchingup  Read Replies (1) of 50123
 
Dixon Stated:

About the share price of REFR being worth $400. "It is worth that much"

By my calculations REFR is likely worth approximately 1/1000 of that based upon the upcoming financials which should show a balance on the books of $4.6MM.

Divide the $4.6MM by 12MM shares and it is worth about $.40.
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