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

To: lawrence smith who wrote (675)	2/24/1998 9:55:00 PM
From: wallstreetbull	Read Replies (1) \| Respond to of 50253

Here is my reason for the rise! Most shareholders are in a wait and see attitude. We are getting too close for some major announcement so the price should stay within a trading range of 8-9 1/2 for next few weeks. If there in no news than price will drift to 7-7 7/8 after that. Right now there are not many sellers so the price is inching up because there are slightly more buyers then sellers do to expectations within a few months. Personally I believe that we will see news within 1 month; however, I do have an order to sell my trading position at 9 3/8. Than I win in either direction because I can buy back my trading position lower or make lots of money if stock keeps going up. (My trading position is on margin) Finta