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Technology Stocks : Research Frontiers (REFR)
REFR 1.590-1.2%Dec 10 3:59 PM EST
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To: lawrence smith who wrote (590)2/10/1998 6:54:00 PM
From: Paul M.  Read Replies (1) of 50364
 
Larry,

Another answer somebody posted a while back was that having more cash extended REFR burnout lifetime from roughly two years to four years. This would give REFR more patience doing deals with new licensees since there would be less pressure to do a deal and keep the wolf from the door.

This reason made a lot of sense to me.
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