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


To: rrufff who wrote (3262)3/13/2000 7:07:00 PM
From: StockDung  Read Replies (2) | Respond to of 6847
 
strong sales of 1.2 million? What planet is this guy from?

March 13, 2000 5:25pm

Xybernaut posts strong sales growth in 4Q

By Larry Barrett ZDII


Xybernaut's fourth-quarter sales jumped nearly quintupled from the year-ago quarter but it still posted a loss of $3.5 million, or 13 cents a share.

Ahead of the earnings report, Xybernaut (Nasdaq: XYBR) shares closed off 3/8 to 20 5/8.

There was no First Call consensus estimate for the maker of wearable computing devices this quarter.

In the quarter, it recorded sales of $1.2 million, up from the year-ago quarter when it posted a loss of $5.8 million, or 29 cents a share, on sales of $258,000.

For the fiscal year, Xybernaut lost $16.7 million, or 70 cents a share, on sales of $3.3 million compared to a loss of $13.1 million, or 74 cents a share, on sales of $875,000 in fiscal 1998.

"We are optimistic about the future given our advanced discussions with several world-class corporations for our current and next generations of products," said CEO Edward Newman in a prepared release.

Xybernaut shares scampered up to a 52-week high of 29 15/16 in February after falling to a low of 31/32 in September.



To: rrufff who wrote (3262)3/13/2000 7:51:00 PM
From: Scott C. Lemon  Respond to of 6847
 
Hello rrufff,

I agree ... what's facinating about the "Palm" argument is that it's being made by people who don't seem to understand the revolution.

I have *two* Palms ... and neither one can provide anywhere near the capabilities of my laptop. The problem with my laptop is that it's bulky to carry and use. I believe that the ultimate becomes the wearable ... full PC functionality and compact size.

I believe that the Quartz has some room ... and I think it will help to kill the Palm (now there's one stock that I would consider shorting if I were a shorting type of person!) since it is being promoted by the cell phone vendors.

I think that Palm has kinda' missed their window ... the future will be machines that can run a full blown version of Linux ... ;-)

Scott C. Lemon



To: rrufff who wrote (3262)3/13/2000 7:56:00 PM
From: Dave Kiernan  Respond to of 6847
 
rruff, first post on XYBR here, though I have played it from sub 1 as a daytrader. Shorts gonna burn. They may be in denial, but they should remember Cleopatra was the real Queen of De Nile. XYBR to 50s.