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


To: John Richter who wrote (2793)8/29/1999 5:53:00 PM
From: Dave Shoe  Read Replies (1) | Respond to of 6847
 
Recognize that I'm not knowledgeable about reverse splits or lots of stock market stuff.

It just seems like a logical scenario to me right now. The new stock offering, from my imaginative perspective, could be offered in conjunction with a XYBR press release which technically discusses their next generation product and perhaps shows a good-performing prototype. Remember, the MA-IV's lousy performance was kept secret until well after it's release. To garner interest, the next big move for XYBR will likely have to be be accompanied with some "show me" prototypes to demonstrate the unit is up to the task. Some whiz-bang demonstrations might include using the wearable PC w/Xybercam to generate a remote audio/video internet connection which shows the wearer accessing speech-recognition functions and doing other flashy stuff.

The big flaw in my scenario is it depends on the Newman's willingness to actually 'talk' reality about their product. This is a hurdle which might not be possible, as 'secrecy' seems to be valued by Xybernaut more than candor.

As far as delisting goes: How will that help the funding situation?

Shoe.



To: John Richter who wrote (2793)8/30/1999 1:40:00 AM
From: LT  Respond to of 6847
 
Please! Don't even talk about a reverse split! Every one I have seen has been a total disaster for stockholders

I agree with John, especially in the short to mid term. If the company has serious long term possibilities that's a horse of another color, not sure XYBR qualifies there.

Case at hand, I bought 1000 shares of GLBN at 3. Later they decided they would get to NASDAQ faster with a 6 to 1 reverse split. So at a share price of around 3 they split 6 for 1 reverse. Giving me 166 shares worth now $18 and change a share. I sold as quick as I could and got out at $17 1/2. Today, weeks later, the stock lingers at the $10 area. Stock holders taken for a ride, short term, but GLBN has a share price over $5 and will meet NASDAQ requirements. I can't help but think it was done at my expense. Especially if I had held. Any other comments on reverse splits? I tend to think my experience was "typical"

Regards
LT