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

To: Alastair McIntosh who wrote (956)	10/6/1998 10:01:00 AM
From: N. Dixon	Read Replies (3) \| Respond to of 50500

Dear BABBle Brothers, There are many ways to do many things. It just so happens that in this case REFR can put the stock at $15 EVERY SINGLE TIME so Ailorous must think it will be at least worth THAT much because that is what they will have to pay if they want it. Ailouros also announced that they are buying on the open market. How fortunate for them that you publicly announce that you will be shorting. I'm sure many are just waiting to see where they might pick it up although most will not wait. As for the loans to officers, why don't you guys save what little face you will have left after this debacle and read the 1000 posts on this thread and the 5000 posts on Yahoo where this has been covered ad nauseum. Ask yourself why, with all the information you find so "damning," the long term investors continue to accumulate and grow in numbers. The shorts and traders have provided stock, they have shaken out the margin sellers and weak hands and now you have us to contend with and we are buying not selling. Of course when you announce a "sale" on the stock that makes it all the nicer. If you had done your due diligence you might have saved yourself some trouble, none of your "revelations" can mean much since product is days, weeks and at the MOST months away. ND

To: Alastair McIntosh who wrote (956)	10/6/1998 11:43:00 AM
From: Jonathan Babb	Respond to of 50500

Correction to my last comment about the officer loans - REFR is not selling stock, they are actually buying stock. It's the insiders who end up being the seller. I am not judging whether this is good or bad for the REFR shareholders, simply pointing out what REFR said in the SEC filings. Stock buyback could be a good way to distribute dividends from profits (see IBM), but they are usually on the open market, not directly to insiders. Dixson - please don't insult me, I only posted facts from the SEC filings, and rarely post on SI just because of people like you. I never said I was shorting REFR, as you assume, or made any recommendations. I just thought the investor on both sides would be interested in the Ailouros facts. If you dispute these facts, lets discuss them. Otherwise don't waste my time. I would be very interested in finding out about any Ailouros investment that was a long term investment. I could not find any. Maybe with your inside contacts you could find out for us? Such an investment would definitely change my opinion about the nature of their "investment" in REFR. Jon