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Technology Stocks : Research Frontiers (REFR)
REFR 1.600-8.5%Nov 6 3:59 PM EST

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To: Michael Klausner who wrote (126)8/13/1997 12:18:00 PM
From: fmrick   of 50068
 
<<Several new reports have recently been issued regarding and highly
recommending REFR.>>

How about giving us a clue about the source of these reports. I've been following this company for almost 4 years and thought I had all the latest information. Maybe I don't. But I'll bet I know the reports you are talking about. How about one that perdicted $200/share in 4-5 years (issued in 1994). Or several that said 150-200 (issued in 1995). I went back and reviewed the information I have in my files. (About 1 1/2 inches thick) If you took away the dates and reviewed it as if were current information you get the same feeling we do today. Lot of licenses, no product.

As I've said before, I belive there is potential in this product. But it has some problems they must overcome. I have seen no statement about lower voltages, small current draws, etc., in several years. This is the technical information I'm waiting to see. I'll be glad to tell you the other problems I found with the product, if you want. But for now I'll give you a hint: Find a catalog that contains a pair of glasses made by the Monsanto subsidary. Look at the picture of the glasses. Where would YOU put the power supply? And would you put them on if you knew that if the power runs out, you can't see? If you didn't know the natural state of the film REFR has, I'll tell you, it is not clear. It only clears when you apply the power. I've seen no statement saying they been able to reverse the process, i.e. clear with no power, dark with power. Consider the problems here. I think it will be great for windows in buildings, but are you going to drive a vehicle where the windows go black if you lose power? I could go on but I won't.

As I started off saying, give us the source of the reports so we can evaluate them for ourselves. Are they paid by the company? Or are they private companies making recommendations on their own?

Rick
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