Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Research Frontiers (REFR) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (1296)	8/10/1999 10:52:00 AM
From: madman	Respond to of 50399

Hey Bill,What's your next revelation...The Pope's not Catholic?????The End is Near??????Hillery is the Pres.??????? C'mon Bill, life is like a box of chocolate's,(_._) (UGOTTABELIEVE)

To: Bill Wexler who wrote (1296)	8/11/1999 4:23:00 AM
From: Bill Wexler	Read Replies (3) \| Respond to of 50399

In the last paragraph of Research Frontier's latest quarterly report (date 8/10/99), the company reports that the Sanyo license for the use of its worthless "SPD technology" in flat panel displays has been terminated. <<Also as of June 30, 1999, Sanyo Electric Co., Ltd.'s right to use the Company's SPD technology in flat panel displays under Sanyo's 1995 license agreement with Research Frontiers was terminated.>> The company goes on to explain that the Sanyo license was terminated due to the company's "dormant status" and "management" changes". We believe that this is simply a cover story. The real reason that the license terminated is because REFR's SPD technology is not commercially viable. REFR has failed to disclose that GE's license has similarly expired. Mr. Saxe has explained however, that GE "lost interest" because "managers in charge of the project left the company". REFR also reported a net loss per share (on a fully diluted basis) 80% higher than the comparable 6 month period 1998. In the meantime, REFR continues to spend less on R&D (extremely unusual for a development stage company) and its accumulated deficit is growing at an alarming rate. The company is also accelerating the destruction of shareholder value by the use of warrants in exchange for the services of various stock touts.

To: Bill Wexler who wrote (1296)	8/12/1999 3:20:00 AM
From: Bill Wexler	Read Replies (3) \| Respond to of 50399

The REFR stock fraud. For your amusement. REFR has recently been mildly pumped on announcements of new "licensees" for their worthless "SPD technology". A Yahoo REFR shill/poster boldly opines that there is "nothing tentative" about today's news non-event... messages.yahoo.com Interesting to note that in REFR's 35 year history, not one of their many announced "licensees" has ever developed an SPD product. In fact not one of REFR's "licensees" has even bothered to issue a press release mentioning their association with REFR. Nearly all of REFR's licensees (including GE) have let their agreements lapse after conducting "look-sees". What REFR conveniently neglects to mention in their press releases is that all the licenses usually need to conduct further evaluation after signing to determine commercial viability. In fact, one of REFR's licensees, Glaverbel, found SPD technology so lacking in commercial value that they sold a small SPD patent portfolio to REFR for less than the cost it took to file the patents. I reiterate my STRONG SELL/SHORT SELL recommendation of the REFR stock fraud.