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Technology Stocks : Research Frontiers (REFR)
REFR 1.560-2.5%Nov 7 9:30 AM EST

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To: Joe Hoofnagle who wrote (456)2/4/1998 10:03:00 AM
From: Michael Klausner  Read Replies (1) of 50104
 
The KEY, it seems to me,is to focus on the fundamentals, specifically, what the company and its licensees are doing to facilitate commericialization of the SPD products. In light of the recent "progress report" letter to shareholders, commercialization is practically around the corner. Management has a history of being conservative in their pronouncements and not saying things that are not apt to happen sooner or later.

Managment is very PROACTIVE, refining, fine-tuning and improving the SPD technology, actively pursueing potential licensees in various ways
and reinforcing their already fine financial position as well as engaging in RESPONSIBLE public relations.
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