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Technology Stocks : Research Frontiers (REFR)
REFR 1.560-2.5%Nov 7 9:30 AM EST

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To: Michael Klausner who wrote (120)8/11/1997 7:51:00 PM
From: RMP   of 50087
 
FUND Shares Held
Vanguard Indes-Extend 61,800
Frontier Fund Equity 6,000

INSTITUTIONS
Barclay Bank 191,435
Vanguard Group 80,300
Mellon Bank 33,850
ANB Investment Mgmt 9,174
Bank of New York 7,125

Insiders also own more than 10% of the stock. Robert Sax alone has about 6% (more than 600,000 shares). Nice vote of confidence.
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