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Technology Stocks : Wearable Computers and Technology

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To: Scott C. Lemon who started this subject7/3/2002 8:53:37 AM
From: Roy F   of 39
 
OT: XYBR warns...

<<Xybernaut Updates Q2 Revenue Guidance
July 03, 2002 07:47:00 AM ET

FAIRFAX, Va.--(BUSINESS WIRE)--July 3, 2002--Xybernaut(R) Corporation XYBR 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.

About Xybernaut ...>>

Isn't it about time they got some new leadership?

Sorry if this is considered unrelated.

Regards,

Roy
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