XYBR - Xybernaut Message Board

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Technology Stocks : XYBR - Xybernaut

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To: wfrazee who wrote (47)	6/16/1997 6:14:00 PM
From: choban	of 6847

The $12 price is the high that it made on its IPO launch day and it's been downhill ever since. I doubt that the rumor is true and it was probably started by XYBR's inept management in an attempt to boost the stock price so they can get the much needed financing that they need to keep from going under. Since XYBR is very good at writing off losses quickly ($2M in 95, $5M in 96, $2.3M in 1Q97) they should be able to show an unrealistically high profit in the quarter if they ever get an order from a customer. The hype that they will create by this order could push the stock up giving the duped IPO investors one last chance to bail out. I wouldn't believe everything that you read in their PR releases either.

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