Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.270

0.0%

Jan 23 9:30 AM EST

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To: Edscharp who wrote (5202)	4/8/2004 12:15:14 AM
From: Area51	Read Replies (1) of 50536

I'm not overly impressed by Saxe's purchases. Given that he sold 200,000 shares in 2002 the fact that he bought back 5,000 shares in 2003 is only a minor vote of confidence in my opinion. Overall he seems to have a fair level of optimism in REFRs success (since he held 400K shares as of January 04), but doesn't seem to share Nancy's opinion that success is a sure thing. biz.yahoo.com I would also have more confidence in REFRs success, if they were confident they could get the cost of film down to less than $15 per square foot (or at least had a 2004 goal to reduce the cost to less than $x). At $60 per square foot, I don't think it will capture several % of the worldwide glass market as advertised. Best Regards, Area51

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