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Technology Stocks : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?


To: Jason Flora who wrote (2709)7/7/1999 11:47:00 AM
From: jelrod3  Read Replies (1) | Respond to of 6847
 
Can someone present the case for owning this stock? Or for hanging on? It seems to be going nowhere, except back towards it's 52 week low of 2 7/8 (maybe this is the reason to buy it). Since January 1999, the lowest the stock has traded was $3.00 (as of this morning).

The management/sales/marketing arm (if any) of this company does not seem to be getting the job done. And the company certainly does not appear to be a buy out candidate. And if the product really had a market or mass appeal, wouldn't the larger computer makers be designing and selling their own wearables? Or are the patents that XYBR owns enough to prevent this? Maybe the cost of the product is what has doomed this company to ultimate failure. It would seem that over the span of a year, something positive would have happened, but that does not appear to be the case.