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

To: David Pesetsky who wrote (4267)	6/7/2000 2:55:00 PM
From: Lucky Charm	Respond to of 6847

From the Raging Bull board.... By: dan7 Reply To: None Wednesday, 7 Jun 2000 at 1:37 PM EDT Post # of 23411 bj: more warrants INCREDIBLE Date: 6/7/00 1:37:00 PM Eastern Daylight Time From: DanW103227 To: jmoynahan@xybernaut.com In January 2000, the Company borrowed $3,025,000 pursuant to promissory notes that require the Company to repay the borrowings by January 2001 unless repaid earlier upon a public or private placement of common stock in excess of $10,000,000. Interest on the notes accrues at 10% per annum. In connection with these borrowings, the Company issued warrants to purchase 302,500 shares of unregistered common stock at $0.10 per share. Based on the relative fair values of the securities issued, these warrants were assigned a value of $921,452, which amount has been recorded as a note discount to be amortized into interest expense over the one-year lives of the notes. During the three months ended March 31, 2000, the Company recorded interest expense of $63,020 and amortization of note discount of $191,969. Who was the lender? Was it an insider, family member, friend of xybr?Is it correct that they can exercise the warrants and pay $30,250 for 302500 shares of FREE TRADING STOCK that has a value of $3,327,000 today plus 10% interest and the principal back?? Has the warrants been exercised? Were the warrants exercised when the stock was at 29 and the $30,250 was worth $8,470,000 on a 10 cents a share purchase, with a profit of over 8 MILLION in an investment 6 months old??Who is getting these warrants?????

To: David Pesetsky who wrote (4267)	6/8/2000 9:08:00 AM
From: rrufff	Read Replies (1) \| Respond to of 6847

Institutional holdings up -- Not big, but it's a start. Short interest up also. Looks like things are going in the right direction. insidertrading.com

To: David Pesetsky who wrote (4267)	6/12/2000 8:50:00 AM
From: Wolff	Read Replies (4) \| Respond to of 6847

Why Wearables remain questionable for the masses --> Forbes.com How The Next PC Will Wear By Arik Hesseldahl It's a memorable commercial. A young executive trades stocks from the Piazza San Marco in Venice by giving voice commands to an IBM-made wearable PC, a tiny monitor positioned over his eye, repeatedly scaring pigeons in the process. Despite the commercial, you can't buy the unit in question from IBM (NYSE: IBM - news), at least not yet. But IBM is among a handful of companies developing the technologies to make the wearable PC a reality. On May 11, IBM and Xybernaut (Nasdaq: XYBR - news), a Fairfax, Va.-based firm specializing in wearable PCs, announced a deal to jointly design, develop and manufacture Xybernaut's next-generation product. With a tiny PC unit and head-mounted display somewhat reminiscent of the Borg from Star Trek, wearable PCs could potentially be a must-have toy for gadget-crazy geeks. Analysts and manufacturers alike tend to see them positioned for much more mundane applications. Manufacturing, military and law enforcement uses are likely targets. ``Imagine getting pulled over by a policeman who uses a wearable PC to check your license, then gives you a ticket from a printer on his belt,'' says Martin Reynolds, a technology analyst at San Jose, Calif., market research firm Dataquest. Such a PC could go anywhere computing power is needed but space for a PC, monitor and keyboard unavailable or where workers need their hands free. Airline mechanics, phone technicians and factory workers might use such PCs for what analysts call ``vertical applications.'' As such the market is not expected to be particularly huge. A 1999 study by International Data Corp., Framingham, Mass., shows a projected $600 million market for wearable PCs by 2003. But IDC conceded that educating the market about potential uses of such products is the biggest hurdle facing manufacturers. Xybernaut's devices range in price from $5,000 to $6,900. ``These systems are expensive, and they haven't hit the price point where they will be attractive to consumers,'' says Kevin Burden, who follows the wearable PC market niche for IDC. ``They're great where a hands-free product is required, but they're not going to replace anything.'' Both IBM and Xybernaut's devices are full-fledged PCs, running full versions of the Windows operating systems with Intel (Nasdaq: INTC - news) Pentium processors inside. Even so, Burden says potential buyers are likely to see such a small PC with a tiny screen as inherently inferior to their desktop PC, at least at first. ``It took about three to four years for the market to accept notebook PCs as a replacement for the desktop,'' Burden says. The market for wearable PCs apparently has yet to materialize. For its last quarter ended March 31, Xybernaut reported $4.5 million in losses on revenue of $1.5 million. But the company says revenue was twice what it was for the year-ago quarter. Xybernaut's hopes are high. The company is sponsoring the 5th Annual International Conference on Wearable Computing in McLean, Va., on May 16 and 17. The company has managed to lure speakers from Microsoft (NYSE: MSFT - news), IBM, and Texas Instruments (NYSE: TXN - news) and the U.S. Army Research Lab. Go to www.forbes.com to see all of our latest stories.