Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject	7/3/2002 8:51:56 AM
From: Dale Baker	Read Replies (1) of 16631

XYBR crash and burn: Xybernaut Updates Q2 Revenue Guidance FAIRFAX, Va.--(BUSINESS WIRE)--July 3, 2002--Xybernaut® Corporation (NASDAQ:XYBR - News) announced today that certain significant orders outside the U.S. did not occur as anticipated and, as a result, the Company is now expecting revenues for the quarter ending June 30, 2002 to approximate the $2 million in revenues realized for the same period last year. In addition, the Company clarified Mr. Newman's remarks made Monday related to backlog noting that its current pipeline of potential orders, rather than its backlog, has reached record levels. The Company's previous guidance for revenues in the third and fourth quarters of 2002 and profitability by second quarter of 2003 remains unchanged.

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