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

To: inchingup who wrote (5328)	4/17/2004 1:57:29 PM
From: Area51	Read Replies (2) \| Respond to of 50536

REFR response to Ascenio's complaints about REFRs buyback programs [which are very similar to gary's concerns, perhaps coincidentally ;-) ] asensioexposed.com We also find it incredulous that someone who claims to be a savvy market professional and whose firm claims to have acted as a co-manager on certain public offerings (something we can find no public evidence of in recent times and which is inconsistent with documents which we have obtained), can question Research Frontiers’ stock repurchase programs (details of which are all publicly disclosed) and characterize it as improper. Like many companies, we repurchase our common stock in the open market whenever we believe that it is an attractive use of our capital. If anything, this shows not only the strength of our balance sheet and cash position, but also our confidence in the prospects for Research Frontiers and our licensees. We recognize that as a short seller attempting to drive down the price of our stock, you would prefer us not to repurchase shares, but as usual, your comments on this subject are self-serving. If you have any legitimate complaints about the way REFR does business perhaps you should submit them to the SEC for investigation, rather than simply making outrageous, anonymous posts to the board.