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


To: N. Dixon who wrote (918)10/4/1998 8:14:00 PM
From: Joe Bilich  Read Replies (1) | Respond to of 50136
 
Now that is an interesting take on things! Never thought about it that way before.

I do see how REFR could provide an artificial floor until news, absorbing short sales. I do not see how they can sell it back to the fund for a profit. That seems more of a "maybe" than a sure thing.



To: N. Dixon who wrote (918)10/4/1998 8:17:00 PM
From: Roger A. Babb  Respond to of 50136
 
Dixon, could you forward to me the email address of the attorney who sent you the material you just quoted. Or just have him email me directly at rab@babb.com. I would like to communicate with him privately to clarify a couple of questions.



To: N. Dixon who wrote (918)10/4/1998 10:02:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 50136
 
"You see Research Frontiers has already announced that they intend
to buy back stock in the open market and retire the shares.
"

Hmm, a company with $3.6 million in cash ($8.1 million including marketable securities) and little in the way of revenues is going to buy back shares and retire them. Hmm, why did they file an S-3 to register new shares. This premise makes no sense.

"With this agreement they can now easily pick up $15million dollars worth of shorted stock and sell it back to Ailorous for a profit."

Will they specify to their broker to only buy shorted shares? LOL. I don't know why with these speculative little companies some folks think there will be no willing sellers of long shares.

Speaking of willing sellers, this Robert Saxe fellow, he wouldn't be the one who's been selling his REFR stock lately, would he?

biz.yahoo.com

I do hope you have some other stocks in your portfolio.

Barb