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

To: Bill Wexler who wrote (898)	10/4/1998 12:25:00 PM
From: Joe Bilich	Read Replies (2) \| Respond to of 50026

Hey Bill--you sure about that target price? I have a small REFR position, and you will find that I do not post much on this stock and am certainly not a cheerleader. In short, I am the type of small investor you are trying to scare away and shake out. Your target of less than one implies that there is NOTHING of substance about this company, that it is all smoke and (SPD glass, of course) mirrors. Among other evidence that this is really a going concern, there are licensees who have made public statements about the potential of the technology. I just can't buy a valuation that implies this is a scam. You have every right to go short when you want to. REFR, like other stocks, may be overvalued from time to time. There may be opportunities for profitable short selling along the way. However, since I just can't buy the conclusion your target price leads to, I have to think you just threw it out to try to scare people. That kind of innuendo just diminishes any real case you might make for shorting REFR at this time (or, as relates to me, for bailing out). I'm gonna hold.

To: Bill Wexler who wrote (898)	10/4/1998 1:24:00 PM
From: N. Dixon	Respond to of 50026

The "Links to Other Web-Sites" are generated by the shareholders submitting favorite links. The company has plenty of other links to substantive information. I suggest you start with the media coverage. The recent write-ups in several trade magazines dealing with the applications of the technology may ease your concerns. Give Raju a call at the Wall Street Journal. He did a lot of preparation for the article and I'm certain WSJ wouldn't want to publish any information only to have it turn out that these people were crooks. Why don't you read the article, I don't think your impression of the company is borne out. If you are still not satisfied, might I recommend you call one of the leading experts in the world on smart window technology. His name is Dr. Carl Lampert and he has a consulting company. His many books and articles can be accessed on Amazon.com just by typing in his name. He was recently at Hankuk and could give you an update as to when they will be taking orders. Until you have done the following I would hope that your many followers would not be duped into by your postings. How will you explain this error when very shortly (pun intended) you will be proved wrong? ND