Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.847

-1.2%

Nov 14 9:30 AM EST

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To: Jorj X Mckie who wrote (8985)	2/11/2003 3:39:25 PM
From: N. Dixon	Read Replies (1) of 10293

I agree 100%. I do, however, like owning REFR, a company who has completed their task of bringing a new technology to commercialization, incurred no debt to do so and has only 12 million shares outstanding. AND whose operating costs are only $4 million dollars and they have already begun to receive royalities from sales of SPD products EVEN though the film JUST became available to licensees. They have licensees who all compete in multibillion dollar industries and the EC competition is no where to be seen except for rear-view mirrors, which is the smallest application of this technology. It's just beginning and you have to cover 2,000,000 shares. You can't keep trading back and forth. Short interest just goes up and average cost goes down. ND

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