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

To: rrufff who wrote (3355)	3/17/2000 6:11:00 PM
From: rrufff	Read Replies (1) \| Respond to of 6847

Here's what we are dealing with: signonsandiego.com I bet their mommas are very proud they made the news.

To: rrufff who wrote (3355)	3/17/2000 6:18:00 PM
From: StockDung	Read Replies (3) \| Respond to of 6847

No, as I told you before I have never been short the stock. I just enjoy writing investigative reports and that is the bottom line. Have a good evening and always tell the truth.

To: rrufff who wrote (3355)	3/17/2000 6:43:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 6847

None of those other companies have the below problems raising money to stay alive, in addition to the "Going Concern" clause. XYBR had to borrow at 10% interest and also give warrants for 302,500 shares for 10 cents a share -- can you say desperate? 302,500 shares at $10 is more than the $3 million they borrowed (assuming the lenders can sell all those shares over $10 before everyone else that's getting these cheap shares dumps)... Think all those shareholders from under $4 will hold their shares during this selloff?: quote.bloomberg.com The annual report also revealed funding arrangements for the $13 million Xybernaut raised so far this year, including shares sold for well below market price. It sold 647,500 unregistered shares in January for $2.46 million, for an average price of $3.80 a share. That's less than half the $11.20 average weighted price for the 60.1 million shares traded in January, according to Bloomberg analytics. Davis declined to give the dates or the market price of the free trading stock when the unregistered shares were sold. Xybernaut also borrowed $3 million in January at 10 percent interest. The unidentified lenders received an added inducement: warrants to buy 302,500 shares of stock at 10 cents a share. In January and February, the company received $7 million as it issued 1,867,700 shares at an average price of $3.79 to investors exercising warrants received in prior financings. An additional $618,970 was raised from employees and consultants exercising stock options for 231,842 shares, at an average price of $2.67.