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Technology Stocks : Research Frontiers (REFR)
REFR 1.770+1.2%12:11 PM EST

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To: fmrick who wrote (132)8/14/1997 9:04:00 PM
From: fmrick   of 50045
 
Michael- Just re-read my post and I hope you don't get the feeling that I jumping on you. I'm just trying to point out there is no product yet (and I really mean yet). I keep seeing post to this board that look so much like cheerleading that I feel someone must point out the other side.

Like I said before, I feel that someday, someone will bring a product to market. I had really hoped it would be GE. That's why I have such a problem with not hearing anything from them. They have had this product, in their labs, for over two years, and we have not heard a word. Go back and read my posts about calling them. They don't seem real interested. What about Litton? The just seemed to drop out.

Meanwhile the only one who are getting rich are the people who work for the company. Each year they obtain stock through options and then sell each time the price runs up. Check the 10-Q that was just filed. Look at the "Notes to Officers". Up $900K in 3 months. Now just ask yourself what they did with the money that they borrowed from YOU? I tell you what I think- they bought stock. They knew the promotion was about to start. Now will they sell this time? Only time will tell.

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