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Technology Stocks : Research Frontiers (REFR)
REFR 1.847-1.2%Nov 14 3:50 PM EST
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To: Jonathan Babb who wrote (999)10/7/1998 9:57:00 PM
From: lawrence smith  Read Replies (2) of 50167
 
if you had bothered to check with the company , as some of us long term investors have done on many occasions, you would know that they have hired additional staff. and they do burn the midnight oil. i know for a fact that mr. harary is frequently working into the wee hours of the night. in addition, the licensees have hired additional folks to help with the development of this technology. msc hired 3 additional chemists because they thought this technology was " the best we have ever seen." i communicate with the people at msc on a very frequent basis. they have big plans for this. they have told me that this will be their biggest project, by far. i have some informational brochures from msc demonstrating their equipment and technology capabilities. pretty impressive.
also, hankuk has a staff of about 9 people working full time on this .these companies agreed to help with the development of this technology. the next round of licensees will have to pay higher royalties.
so, all you newcomers and misknowitalls can bash all you want. the shorts won this battle. but the war will soon enter a new phase. with refr and ailorous both buying stock in the open market, and the prospect of several new licensee announcements that can be made at any moment, i think you will have your heads handed to you. and yes, i am very long, and buying more all the time. thank you for dropping the price a bit for me.
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