Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: JLS who wrote (29300)	7/11/2000 10:10:41 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

JLS XYBR..most of you know how I feel about this stock... Just want to say that this big news.. Look at these two statements..... Going concern is GONE 1..``Obtaining this unqualified audit opinion is significant and makes it easier to expand institutional and analyst interest in Xybernaut,'' stated John F. Moynahan, senior vice president and chief financial officer of Xybernaut. ``Going concern disclaimers are common with growing technology companies. Removal of this disclaimer reflects a number of factors, including solid execution of our business plan and the increased strength of the Company's business and financial situation, as evidenced by the recently-completed $3.5 million placement of unregistered common stock.'' ten institutions purchased over 1.2 million shares of Xybernaut common stock. 2..``Inclusion in the Russell 2000 and 3000 indices marks a significant step in our campaign to obtain a larger institutional following for Xybernaut common stock,'' said Edward G. Newman, president and CEO of Xybernaut. ``According to Nasdaq, ten institutions entered the market during the past month and purchased over 1.2 million shares of Xybernaut common stock. We believe that inclusion in the Russell indices is one of many upcoming events that will result in an increased institutional ownership of Xybernaut stock.'' Like I said before put it in the draw with the baseball cards... Banchee