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


To: Kevin Podsiadlik who wrote (9416)3/13/2003 7:00:15 PM
From: Bill Ulrich  Respond to of 10293
 
Ha! A child of five could understand this. Quick &#151 fetch me a child of five (who is apparently providing Dixon's stock price math and projections).

"REFR isn't supposed to be valued on its earnings. It has to be valued on its potential, just like the dot-coms were! Remember how the online party goods market was supposed to be $2 billion a year? That's the kind of metric REFR needs to be evaluated on!

You see, REFR only needs to conquer 1% of the worldwide glass market to get $50 million in royalties a year! And since REFR has no operations to speak of, the cash will all flow straight into the pockets of the shareholders as dividends! We'll be rich, Rich, RICH I TELL YOU!!!"



To: Kevin Podsiadlik who wrote (9416)3/13/2003 10:21:33 PM
From: N. Dixon  Read Replies (1) | Respond to of 10293
 
So are you saying that stocks don't trade on potential earnings? Are you saying that people don't go in and pay a premium to own something they know is going to be worth 100 times it's current value in a short period of time?

Well that's why you've gotten yourself in a rotten mess that you have no way out of because REFR shareholders know what they own and its true value is many more times the current value.

We're buying not selling.

ND