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


To: Jason Flora who wrote (4623)11/13/2001 11:00:25 PM
From: Sir Auric Goldfinger  Read Replies (4) | Respond to of 6847
 
Hey Schmuck betcha $ to KKDoughnuts that ain't no airport security types gonna be wearing XYBR wearable computers. The only lightweight here is your mental capacity. Sell the stupid pig.



To: Jason Flora who wrote (4623)11/14/2001 6:09:35 AM
From: Roy F  Read Replies (2) | Respond to of 6847
 
Hi Jason,

Sales!!! It's been a long wait.

I see you've attracted our Dynamic Duo. Ignore works well in these situations.

Regards,

Roy



To: Jason Flora who wrote (4623)11/14/2001 8:27:16 AM
From: StockDung  Respond to of 6847
 
House Considers Tougher Scams Bill

By JANELLE CARTER
.c The Associated Press

WASHINGTON (AP) - Scam artists who try to con those willing to give after national emergencies would face stiffened penalties under a bill considered in the House Tuesday.

The bill was introduced by Rep. Charles Bass, R-N.H., after reports of several fraudulent schemes and charities in the aftermath of the Sept. 11 terrorist attacks. It would allow the Federal Trade Commission to levy fines of up to $22,000 for each case involving an unfair or deceptive act during an emergency or disaster.

Lawmakers delayed action on that and three other terrorism-related measures until Wednesday morning.

The fraud bill was one of several bills being considered by the House that stemmed from the recent attacks.

Others:

Urged schools to set aside time to allow children to pray or quietly reflect on the nation as it battles terrorism (H.Con.Res.239).

Expressed support for postal workers and their efforts (H.Con.Res.257).

Urged federal agencies to give highest priority for aid and benefits to children who lost one or both parents in the Sept. 11 attacks (H.Con.Res.228).

Meanwhile, the House passed by a voice vote measures that would:

Give police, firefighters, rescue workers and victims' families lifetime admission passes to national parks and other federal sites (H.R. 2976).

Expand the ability of the Securities and Exchange Commission to respond to emergency situations like the terrorist attacks by allowing the agency to extend emergency orders for up to 90 calendar days. Currently, SEC emergency orders are limited to 10 business days. (H.R. 3060).

Another measure, introduced before the attacks, would allow diplomatic security special agents to obtain and execute search warrants as well as make some misdemeanor arrests (H.R. 2541). That measure passed 410-0.

Bass said his fraud measure was needed because ``we have also seen the darker side of humanity in reports of people using this tragedy and the generous American spirit for their own gain.''

In one instance cited by consumer advocates, people were asked for money for computer experts who supposedly are trying to track Osama bin Laden.

New Mexico's attorney general and the Albuquerque police were led to issue warnings to residents there about a phone scam called ``Firefighters in Need,'' in which people are asked for their charge card numbers.

Officials in Oklahoma, Tennessee and Wyoming have also warned about potential scams.

``We must make it clear that we will severely punish those who aim to take advantage of America's charity or prey on the fear that understandably occurs during an emergency,'' Bass said.

The bills can be found at thomas.loc.gov

AP-NY-11-13-01 1946EST



To: Jason Flora who wrote (4623)11/14/2001 8:41:10 AM
From: StockDung  Respond to of 6847
 
To: Jason Flora (2491 )
From: Bill Fischofer Thursday, Apr 15 1999 7:36PM ET
Reply # of 2498
The good, the bad, and the ugly

Here are some initial impressions. The bad news is obvious. The good
news is that it seems that Price Waterhouse has forced XYBR management
into conformity with prudent and conservative accounting practice which
will serve the company well going forward. Obviously this was the
dispute which caused the delay in the 4Q98 report. XYBR wanted to book a
lot of unpaid-for shipments to resellers as 4Q revenue and the
accountants said no. While these sort of retractions are never welcome,
it is better to do so earlier rather than later. This avoids having to
deal with the very unpleasant possibility of earnings restatements down
the road.

It is also good to see the company publically eat a bit of crow in
today's earnings PR by explaining what happened.

The ugly part is the damage that has been done to XYBR management's
credibility. The public explanation is the first step in restoring that
credibility. It must now be followed swiftly with concrete
demonstrations of actions and results. I never expected much from the
4Q98 report given the limited availability of the MA IV during that
quarter. The 1Q99 report will give a much clearer picture of initial
sales and the 2Q99 report must confirm accelerating revenue. It is good
to see the company confirm the $40 million 1999 revenue projection. If
they track to this projection then within a few months this incident
will be long forgotten.

With regard to the audit qualification, while it is unfortunate that
this could not be removed for the 1998 report (due to lack of immediate
sales) this is an albatross that XYBR has lived with since its
inception. It is the reason why this remains a speculative stock.