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Technology Stocks : Research Frontiers Inc. - Moderated (REFR)
REFR 2.020-14.4%Oct 28 9:30 AM EDT

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To: Kevin Podsiadlik who wrote (26)6/22/2004 9:21:44 AM
From: 613   of 46
 
>>The more relevant question is, is anyone seriously working to generate such orders, and if so, who?
This is the billion dollar question!

>>Was it a celebration of a legitimate milestone or a scramble to fill the void left behind by Hankuk and SPD Inc.?
Interesting take. Probably both. But isn't the main point that there are some very large companies investing in SPD?

>>Just like GE would have 8-9 years ago.
I wasn't around then but apparently there were more technical hurdles.

>>reward/risk ratio still remains extremely high
If SPD becomes standard for (1)car roofs or commercial aircraft windows, stock should easily go up 2-4x. If it becomes common in only the (2)big windows in skyscrappers and atriums and malls - then double that. (3)If it gets to all glass....
It seems that (1) is very possible based on what we know SPD can do and (2) should follow after. Whether the cost can get down low enough for (3) is a question. But I'll settle for 1 & 2.

Saxe said there are no more technical hurdles. I tend to believe that now given the APD, Hitachi, et al commitments. Now it is just demand (we hope). We wait.
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