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Technology Stocks : Research Frontiers (REFR)
REFR 1.560-2.5%Nov 7 3:59 PM EST

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To: Paul M. who wrote (489)2/6/1998 6:58:00 PM
From: N. Dixon  Read Replies (1) of 50104
 
I just responded to him. He was one of the guys on the call yesterday that kept interrupting and harping on product timeline, which of course is up to Hankuk not REFR.

I don't think you have to be a rocket scientist to know that REFR feels products and new licensees are imminent. I had a friend who spoke with the President of Hankuk at the SPIE convention held in San Diego in July. He wants to order the windows for his home and felt very confident from what Kim said that Hankuk would have them 1998/9.

These guys, like the one on Yahoo, crop up every time there is news or they think the price of the stock might jump up. It just bothers me that the people who suffer are the investors who have small positions, little information about the company (except that a friend said to buy it), and don't have the market savvy to know that declines do not always have anything to do with company fundamentals. So they are spooked into selling at a low point and don't want to buy back at a higher level.

I've just encouraged my friends to treat this like they do their mutual funds. Dips are buying opportunities. Set a goal of how many shares you want to own, diversify your portfolio so you don't feel dependent on one stock making it. Don't buy volatile stocks on margin. It's important to stay in touch with management to make sure they are doing their job (they work for you!). If you have a concern--call or email the company. That way you get a feel for the people with whom your dealing. Ignore the market fluctuations because they will always be there and you can't control them. Bottom line---a good company will get discovered eventually and you will make money.
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