Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.910

+3.8%

Oct 31 9:30 AM EST

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To: RMP who wrote (887)	10/3/1998 6:30:00 PM
From: R. M. Rosenthal	Read Replies (3) of 49995

Babb's broad analysis also fails under his item #2, because REFR deal further protects against "floorless" aspect, specifically providing: <<(f) Subscriber, and any person acting in concert with Subscriber, currently has no existing short position, and during the last 20 trading days had no short position, with respect to the common stock of the Company and agrees not to enter into any short sales or other hedging transactions with respect to any securities of the Company at any time after the execution of this Agreement by Subscriber and so long as any Warrants are held by or for the benefit of Subscriber or its affiliates or persons acting in concert with Subscriber or its affiliates or any Warrants are outstanding.>>

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