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


To: inchingup who wrote (504)2/8/1998 7:44:00 AM
From: Joe Hoofnagle  Read Replies (2) | Respond to of 50136
 
Licenses are often issued after patent protection is assured as a means of getting third parties to help finance 1) additional research; or 2) manufacturing. They can also be a means of getting other technical expertise to help carry out additional research required to get to commercial viability. I don't believe the chain of events appears unusual, based on some of these type deals I've followed before.

Yes I wish this was moving faster (you can say that about every one of these things I've ever seen).

Yes there is risk that it will never happen.

Yes I believe the potential payoff far outweighs the risk.

I for one have watched this thing develop long enough, and seen & heard enough evidence that I believe the liklihood it will never happen is low. They always seem to have the ability to get new financing long before they approach the brink. These private placement investors are pros with substantially more information (nitty gritty technological info) than ever hits the street.

The company has generally been very forward with information about problems with the technology. They have explained why the eyewear isn't here yet & what they need to do to get it here. They have also explained what problems they have with flat panel displays.

Gary, if you have not seen refr's candid comments about these problems, then you haven't been following the company close enough and perhaps you shouldn't be an investor. However, I believe the Hankuk application is viable (flat glass windows) now and it is up to Hankuk when they can go into production. They are probably trying to tackle the marketing problems.

I also think anytime you can execute an order at 7 or less, you oughtta load up.



To: inchingup who wrote (504)2/8/1998 6:24:00 PM
From: fmrick  Read Replies (1) | Respond to of 50136
 
Gary- For your information, you are not the only one. I have the same questions as you. I have stated them here from time to time but have had the same responses as you have seen. The core group here can't get over their love of this product. I would love it to, if there was a product.

I have in my hand information sent to me by the company a couple years ago. It has a picture of the Demo "window" used in many of their presentations. Neat device. The newsletter has great information about the plans of the company. Problem is it is dated January 1993. Bob Sax says that one of their licensees expects to have a product in production by late 1993 or 1994. Right.

The newsletter lists many of the same licensees as are with the company today. This is not the only research I have, I have a file over 1 1/2 inches thick. They all say the same thing...soon.

Since that time the company has done more research and granted licenses to a few other companies. Still no product.

I don't know if there will ever be a product. I have been in and out of the company stock several times. I have done well playing the swings up and selling when I have a good profit. At todays price there is not too much to lose and lots to gain if anyone ever does get to production. But I think it is more a $100 stock rather the a $2000 dollar stock many here seem to think it is. But, even $100 is not bad.

While I won't call this a "PUMP AND DUMP" that is what has happened in the past. And the people at the company have done a lot of the dumping. They seemed to have stopped the selling of late, but that 1.3M loan you mentioned does bother me. And if you call the company, ask them what their relationship is to the people who got the last private placement. (By the way, that was just after the 1.3M loan)

I could go on but I won't. People here would just start the "cheerleading" and tell me how wrong I am. But I did say during the last run-up that it would see the 7's before it saw 15, and I was right.

I keep my investment small. I will keep one eye open and increase my position if I ever think a product is coming.

Rick

PS While I wrote this there was another post made to the board (#513). You see the way the react whenever someone questions anything? That is why I refrain from posting here.