Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.590

-0.6%

10:24 AM EST

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To: fmrick who wrote (125)	8/13/1997 10:25:00 AM
From: Michael Klausner	of 50079

Several new reports have recently been issued regarding and highly recommending REFR.One, which is quite detailed makes a credible case for REFR having a target price per share of: $416-485 on a post-split basis. The report projects potential earnings of $25-$29 per share on a pre-split stock basis. While these figures seem "incredible" they really are not given the potenial markets and multiple applications of the SPD technology. Too, remember that since REFR will not be manufacturing any products or the SPD film they will have very low captial expenses. Most of their expenses will be fixed. Also, I found out that there WAS news coverage of the SPD technology resulting from the San Diego show. This coupled with the excellent reception of the technology at SD plus the agreement with a Monsanto subsidary helps explain the recent price action.

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