To: RockyBalboa who wrote (9298 ) 3/7/2003 3:07:17 PM From: N. Dixon Respond to Midland writes:Meanwhile, REFR heading lower. Message 18668941 ...recurring theme expressed by shareholders is the current price and volatility of our stock, and thoughts and comments about certain individuals and hedge funds whose interests are contrary to those of Research Frontiers and its shareholders. So I’ll take up these topics first. With the general equity markets entering an unprecedented fourth straight year of losses, a host of corporate scandals involving public companies, and the prospects of war with Iraq looming, people are justifiably nervous about many things. They say that fear and greed move the stock markets, and we are undoubtedly experiencing a market where fear has ruled the day. Fear is often compounded by uncertainty. Uncertainty is compounded by lack of information or misinformation.Since June 2001, an aggressive misinformation campaign was started by a small but vocal group of short sellers whose interests are diametrically opposed to Research Frontiers and its shareholders. At first they publicly proclaimed through the media, press releases, and internet bulletin boards, that SPD technology did not exist or would not work. About two weeks later, they were proved wrong when a long-planned exhibit of various products using SPD technology appeared at the Nasdaq MarketSite in Times Square. Shortly thereafter, they had to pull back on their initial public comments, and replaced them with a new proclamation that windows using SPD technology would never replace existing window shades in aircraft. A few weeks later they were again proven wrong as the first SPD aircraft windows were sold and installed on an aircraft – a LearJet. Since then, InspecTech has installed, or at the request of a number of jet manufacturers, engineered SPD aircraft windows (now being marketed internationally under the I-Shade™ trademark) for the following aircraft: asensioexposed.com
