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

To: N. Dixon who wrote (2030)	5/4/2002 7:16:25 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 50245

Yes, yes, it's always "we anticipate" and other fully-disclaimable "forward-looking" language like that. Funny how in that veritable orgy of self-congratulation they buried the quarterly results in the third-from-last paragraph and didn't even mention a revenue figure at all. I guess if they did that we might extrapolate an actual royalty amount and determine that Inspectech isn't anywhere near that "5,000 per month" goal trumpeted elsewhere in the letter. I'd compare this to my other favorite company ZIXI, but it wouldn't be fair. ZIXI has more revenues, more cash reserves, and not nearly as long a track record of broken promises.