To: rrufff who wrote (3553 ) 3/20/2000 10:47:00 PM From: Mark The Trader Read Replies (1) | Respond to of 6847
I have dealt with people like you before on SI . Say anything negative about your beloved stock and you resort to the type of post that you sent me saying I dont know what I am talking about and then attempting to say negative stuff about a stock that you think I am long . I did not get squeezed on XYBR . I shorted it in the last 15 minutes of the day and covered before the close for a very small profit. I traded XYBR long when it was in single digits. I dont care about the CEO"S comments , he will not put a negative spin on the Going Concern Comment. I have an accounting degree, these types of comments are common with companies that have sustained losses over a period of time, however they should not be ignored . As for NWRE , they have a market cap of 48.4 mill with sales of 5.3 mill , XYBR has a market cap of 500 mill with sales of 3 mill . Only using this comparison as general comment because we are talking 2 different industries . But the point is that XYBR is trading totally on hype, just look at the market cap . Just read their latest earnings release, "revenues nearly quadruple from last years numbers" So what does that justify a 500 mill market cap for a company in an speculative unproven industry. You should welcome all comments on this stock as long as they have substance and fact , it might save your ass one day. This company is a master at PR hype , and I have no doubt that the will have another press release soon , maybe they will sell "dozens of their wareable computers" to someone else. As for myself I will continue to day trade it , but would not consider keeping it as an investment.