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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wa who wrote (7981)	6/21/2001 12:55:22 AM
From: N. Dixon	Read Replies (2) \| Respond to of 10293

DAS, I think we all know what "earnings" are. Saxe specifically stated: based on commercial sales projections for SPD light-control products by our licensees, for the first time we can reasonably predict the timing of future revenues and profits. Based upon projected timetables and sales goals of Research Frontiers’ licensees for SPD film and end-products, the Company expects to earn royalties from sales of licensed products (payable under license agreements within 45 days after the end of the quarter in which sales of licensed products occur) early next year, achieve its first quarterly profit next year, and achieve its first full-year of profit in 2003, but possibly in 2002. Thereafter profits are expected to escalate rapidly." Is Bill really trying to get out of this embarrassing situation by putting up this smokescreen about being worried that I will cheat and REFR will have some profit anomaly and he will lose? He will lose because he is wrong about REFR and always has been. Why don't you all finally wake up to the fact that you made a mistake and move on. Of course with a short position of over a million shares I do understand your dilemma. Thankfully it is not mine. ND