Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.700

+4.7%

Nov 18 3:59 PM EST

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To: Paul M. who wrote (587)	2/10/1998 6:44:00 PM
From: Ted Campbell	Read Replies (3) of 50175

Another nice close for Refr today. From 3:57 to the close, the last six trades were: 8,000 at 8.50; 500 at 8.50; 500 at 8.50; 500 at 8.56; 500 at 8.625; and last trade of 1,000 at 8.625. The third strong close in a row with good volume. Wonder if it's the shorts covering? Bet they're starting to sweat it a bit now---too bad! Meanwhile Refr broke a downtrend line that has been in place since 8-11-97 when it peaked at 11.625. It had been unable to penetrate that downtrend line, but did it today and with 1/4 of a point to spare! Looks bullish to me. Ted Campbell

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