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

To: Fred Williams who wrote (2742)	7/19/1999 10:53:00 AM
From: Dave Shoe	Read Replies (2) \| Respond to of 6847

Sadly, I too agree with their decision to let the warrants go. It might make some sense to extend or redefine the warrants if there was any strong hope that things would break-out soon. With the apparent potential for growth so far off, an extension would have just allowed the pain to drag on. It's like walking around the block every morning with your dead dog: At a certain point you gotta move on. I also agree that there is a great deal of intellect within Xybernaut. I question whether it has a constructive balance, however. A more balanced discourse coming from within the company would have allowed warrant and stock holders to make wiser buy/sell/hold adjustments. The stock price would have remained closer to a reasonable level, and harsh criticism would have naturally been muted. This company is on it's way up, as far as I can tell. It's a new company with patents and it is starting to sell an interesting industrial product. Each generation of product is improved over the previous. The press releases, however, seem to be overpricing the stock, based on overly aggressive and eternally optimistic timelines, projections, and specifications. Personally, I'd like to hear some earthbound reality checks come out of the company sometime. Some balanced press releases. Their ywo press releases claiming a contractual obligation to purchase a minimum of 25,000 seats of two software packages in 1999 remains a puzzle to me. If this has changed, perhaps making a corrective follow-up should be considered as important as the original press releases making the claims. Shoe.