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

To: N. Dixon who wrote (3703)	4/4/2003 11:06:54 PM
From: inchingup	Respond to of 50301

Dixon: The conference call was a joke. It proved what all the shorts and others have said all along--SPD is dead. No one wants it, no one is buying it, and no one cares about it. What was truly funny is that this company took in more money before SPD was "commercialized" then it did since supposed products were introduced. It really worked better as a complete scam, where people thought there might be a some semblence of a demand. Now that it is known that no future exists for SPD you can rest assured that the stock being in the 4's last week will look real good about mid-August when this should be trading in the under a buck bracket. Good luck unloading your 10 million illiquid shares.

To: N. Dixon who wrote (3703)	4/4/2003 11:38:55 PM
From: Edscharp	Read Replies (1) \| Respond to of 50301

Nancy, Actually, there is another plausible explanation for Gary's vituperative language. I believe Joe Harary was dead serious when he mentioned that legal remedies were being pursued in regards to the extremely aggressive shorting tactics being used against REFR. I find it within the realm of plausibility that Gary and Bill, and perhaps some others are attempting to convey the impression that they innocently believe that REFR is truly fraudulent and counter any possible inference by REFR or later investigations that their shorting tactics were done with cynical or fraudulent motives. It's interesting that Wexler is now cautioning others about the possibility of a short squeeze. Whether he's sincere or not it seems likely he has given up his short position. I would think Gary has followed his lead as well. If they have no short positions anymore why the heavy-handed nasty language? It's either personal or the motive I've suggested. I've no proof of course. Just a pet theory.