Refac (REF-ASE) Int'l. Tech. Transfer Message Board

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Technology Stocks : Refac (REF-ASE) Int'l. Tech. Transfer

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To: MarcG who wrote ()	7/11/1998 5:43:00 PM
From: Mark Carson	Read Replies (2) of 367

Posted to Yahoo - can any one substantiate this? >>>>> Here is some ecerpts from a money manager interview in the July 6 edition of the Wall St transcript. " REFAC is going to have substantial earnings in the futureHayes , Novell, Zoom and MSFT have settled and MSFT goes to arbitration in Sept 98 on another issue. They will have to pay and this goes on for 20 years. They are a cash cow and will generate tremendous amounts of money over a long period of time at no cost. The Co. is ready to explode. It's so cheap I can't even give you a target. It is worth triple or more from where it is today." ZPR has discussions with MGT. and estimates $1.60/ share this year. I think Max Zananelli is right. This Co. has no analyst coverage, but at some point, I don't know when , the stockholders are going to make alot of money. If you own this stock - hold it and buy more. Long term it's going to 35-50.

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