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Technology Stocks : XYBR - Xybernaut
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To: Invstd who wrote (2544)4/27/1999 8:52:00 AM
From: Bill Fischofer  Read Replies (3) of 6847
 
Latest from Steve Newman

I forwarded my post Message 9098327 to Steve Newman at XYBR to get his comments. I also queried him about the steps to the $40 million sales that they insist they will do in 1999. The exact phrase was "I trust that XYBR management does not believe that there will be no material sales until 4Q99 and then suddenly we'll see $40 million."

Here's his response. It seems to confirm my long standing belief that by the time the 2Q99 report is out it will be clear that XYBR really is on track to deliver as promised:


From: Steve Newman <snewman@xybernaut.com>
To: "'wtf@adelphia.net'" <wtf@adelphia.net>
Subject: RE: The current situation
Date: Sat, 24 Apr 1999 13:48:54 -0400
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.1960.3)
Content-Type: text/plain
Status:

Interesting post with which I find much to agree.

There have been sales in Q4 and Q1 which will necessarily, due to our
recently adopted revenue recognition policy, be pushed into future
quarters. They did however actually occur.

Management is very aware of Q2 99 significance and does not expect the
public to wait patiently for Q4 99 results to be announced.

We stand by our 1999 estimates and have good cause to do so.

Thanks for your support.
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