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

To: Mama Bear who wrote (1149)	10/17/1998 5:44:00 PM
From: N. Dixon	Read Replies (1) \| Respond to of 50716

They have never had any licensee announce commercialization until Hankuk in April of 1997. The licensees up until now have been mostly helpful in providing additional R&D at no expense to us. At one point people believed Glaverbel would be coming out with an SPD rearview mirror but they never publicly announced and have held off for reasons not related to SPD (contact Jean-Francois Thomas head of R&D at Glaverbel for more info). The licensees' activities range from "inert" (to quote Saxe on Japan Steel Works) to "ramping up for commercialization" (see Hankuk's and MSC's announcement) and we only need one to significantly impact our bottom line. ND