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Technology Stocks : XYBR - Xybernaut
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To: Scrapps who wrote (2892)11/7/1999 1:04:00 AM
From: David Wise  Read Replies (2) of 6847
 
XYBR fired their accountants (Price Waterhouse Coopers) for stating in the report that there was doubt about their ability to continue as a going concern. For those who don't understand, they saw the possibility of XYBR going under - bankrupt. (www.Bloomberg.com)

But simple math will tell you that they can't continue to lose money so fast without revenues to match.

Bloomberg also quotes XYBR as saying that currently the talks are about XYBR buying voice recognition equipment from IBM. Something any company could do.

Sorry - just the news.
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