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Non-Tech : Bill Wexler's Dog Pound
REFR 1.530-2.4%10:34 AM EST

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To: Bill Ulrich who wrote (9415)3/13/2003 9:21:04 AM
From: Kevin Podsiadlik  Read Replies (2) of 10293
 
You mean, it's not enough that, today, REFR has a $59 million market cap on negative earnings

See, you obviously don't get it here. REFR isn't supposed to be valued on its earnings. It has to be valued on its potential, just like the dot-coms were! Remember how the online party goods market was supposed to be $2 billion a year? That's the kind of metric REFR needs to be evaluated on!

You see, REFR only needs to conquer 1% of the worldwide glass market to get $50 million in royalties a year! And since REFR has no operations to speak of, the cash will all flow straight into the pockets of the shareholders as dividends! We'll be rich, Rich, RICH I TELL YOU!!!

So anyway, that's my "Dixon", what do you think?
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