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

To: Joe Bilich who wrote (899)	10/4/1998 1:02:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 50274

Joe, there are many problems with REFR that led me to a short position some time back. But the total lack of revenues (OK, $60,000) is the main reason for my short and I will likely stay short until I see revenues coming.

To: Joe Bilich who wrote (899)	10/4/1998 5:56:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 50274

<<, I am the type of small investor you are trying to scare away and shake out.>> This is not true. I'm simply posting my opinion and my rec. If you are "scared" by it then something else is wrong. <<I just can't buy a valuation that implies this is a scam.>. Not really a scam. Simply a company trying to promote a technology which obviously has little or no market interest, and investors paying a price for the stock which entails an enormous amount of risk. <<I'm gonna hold.>> I could be wrong, in which case you will make even more money since I will be forced to cover once the massive earnings from SPD glass start rolling in. Good luck.