Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: N. Dixon who wrote (140)	10/11/1998 8:01:00 PM
From: Roger A. Babb	Read Replies (1) of 1438

Dixon, I am sure you are in good company with your long position in REFR and good luck with it. This is the first situation I have seen where that R&D by other companies and proceeds from stock sales are thought to be earnings, very creative. I guess I am just too old fashioned (or maybe just too old) to consider value other than that created by selling products for a profit. Enough on the subject of REFR until there is news of some type.

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