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: Mark Carson who wrote (348)	7/20/1998 9:27:00 PM
From: NCC-1911 D	Read Replies (1) of 367

REFAC EXPLOSION? REF had an upside price-volume alert today. REF is licensing a basic data compression technology patent for modems, and already signed agreements with LUCENT TECHNOLOGIES, Rockwell Int'l, Xircom etc. I was told that MICROSOFT will go to arbitration this September, and other major telecommunication and modem manufacturing corporations will follow. Does anyone know if these agreements could translate into earnings of $4 per share, $15 per share, $25 EPS or higher? Could REFAC be on the verge of an UPSIDE EXPLOSION as other licensing deals are announced?

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