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Technology Stocks : Research Frontiers (REFR)
REFR 1.910+3.8%Oct 31 9:30 AM EDT
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To: Michael who wrote (895)10/4/1998 2:10:00 AM
From: Bill Wexler1 Recommendation  Read Replies (2) of 49975
 
Very strong sell/short-sell recommendation: REFR

I wasn't going to open any new short positions over the next few weeks. but this is so compelling and so grossly overvalued, that I can't let the opportunity go.

Note that CEO Robert Saxe was a seller of stock (at lower prices) 2 months before the company announced a dubious buyback in August.

Amusing side note:

Little surprise that web sites for fraudulent or weak companies many times seem to over emphasize information about the stock, but I have seldom seen something like this: on the Research Frontiers web site there's a section named "Links to Other Internet Sites About Research Frontiers". Nearly every link is to a stock chat or investment related site.

refr-spd.com

Target price: < 1

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