XYBR - Xybernaut Message Board

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Technology Stocks : XYBR - Xybernaut

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To: choban who wrote (170)	11/28/1997 10:09:00 AM
From: John Anderfuren	Read Replies (1) of 6847

Thanks for you heads up on the background data. I agree it is a roll of the dice given current information. Since they have gotten the necessary funds to stay above sea level and any positive news next quarter will pop the warrents 25% a profitable exit point. I'll sell 3/4 of the holdings and keep the rest at zero cost. I'll still be active in netting on weakness. I've found this a good technique for playing these bottom bounces, after all many companies will renew the warrents if they have not become profitable by the end of term. If go under after I out the 3/4 I'm not out anything, but the time value of the dollars left in the warrent. I don't see it going belly up given the sony investment and the convert sale.

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