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.

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

To: StockDung who wrote (5217)	11/11/2002 6:11:46 PM
From: Dan B.	Respond to of 6847

LOL. I hope all your followers don't buy into that inanity of a response. Dan B

To: StockDung who wrote (5217)	11/17/2002 2:28:15 PM
From: rrufff	Read Replies (1) \| Respond to of 6847

Somewhat OT. I've followed this company for years and bought most of my shares under or around a dollar. I made money at times and held on to a small position. What happens here one way or another will not affect my net worth in even a minor way. I still feel XYBR has a great potential but feel that, like most American corporate management, those who run XYBR have diluted and insider sold at inappropriate times. (Just my opinion, yee corporate lawyers.) I still think XYBR has potential and would urge management to sell to someone with money and power to maximize some value for shareholders. I would urge them to maximize their personal past huge benefits (from insider sales) by waiving many of the benefits to which they are entitled in order to funnel some real benefits to their employees, i.e., the shareholders. I believe that this would benefit them as it would silence their many vocal cricits and potential instigators. OK - I know that makes me sound a bit looney on a looney-filled board. I'm still holding and think there is a decent chance of a nice to great gain. Does that make me even loonier? Now as to the bashers -- I had stopped reading the Yahoo and RB boards because the bashing and responses had pretty much made them unreadable. Following as many companies as I do precludes me from spending hours reading one board. Given the huge ride over the past couple of weeks, I wanted to see what was available as this board has been pretty much devoid of real information. I found that the boards were just as bad as before. In fact, I joked that I had mistakenly posted on the OCD board. I have posted in the past that Truthseeker and his many variants and associates often have a very good message about corruption and unfairness in the American system of corporate governance and equity analysis. I agree with much of what is said. The collapse of Nasdaq and IPO schemes is testament that something is very, very wrong with the system and needs more than an accountancy board to be fixed. I believe I could put together a team of law and business students, lawyers and business men, for a fraction of the governmental budget and clean up the system. Of course, I think I could take that same team and do better than most CEO, CFO, bloated teams in NAZ. Hey, I'd be satisfied with a million bucks when my stock goes way up. I wouldn't need to insider sell to make a multiple of my salary. However, I have been sorely disappointed with message boards that have devolved into ego contests rather than sources of action. The message of the "bashers" is lost by obsessive, compulsive, ego-driven posts that are unread by those they are trying to reach. In fact, the dialogue, if you can call it that, usually continues solely with those whose ego has been hurt (and many of us have sometimes fallen into that trap admittedly.) Similarly, I have seen boards with good concepts and ideas to rescue a situation or a company fall into the ego trap that becomes a silly banter of who has the best ideas and who has the best bash to the best ideas and other idiotic exchanges... With all that as prologue, I was curious as to what had happened on the RB board. I read a post that Dan7, whom I remember as making some very strange claims and whom I had placed on ignore, had been unmasked and sued by XYBR and that they had gotten a default jugdment of $450,000. I had also read that Dan7 was so obsessed at losing money on his investment in XYBR that he posted to the extent that he was not even aware that he had been sued (kind of hard to believe.) Not trusting anything I read on that board, I was wondering if anyone had some real links and information. I guess I was also wondering what motivates someone to post so obsessively. I wonder often what motivates the various aliases here to post largely immaterial, dated stuff over and over. Many have postulated that paid bashers have worked with organized shorts to "create volume" at various times, so that they can cover at the expense of those sheep who follow them. I realize the potential of that strategy during times of excess in the markets but feel that the time has passed. I may be naive but I believe that one of the benefits of the collapse of the dot.bomb bubble is that most of us look a little closer at our portfolios and their components. I would like to think that most who care enough to follow a message board would no longer buy on the basis of a "to the moon" and would no longer sell on the basis of a "POS" "Pig" post. I would like to think that we now are more diversified in terms of strategies and holdings. So, I'd like to believe that the day of the professional basher or tout has largely passed only to survive in the nether world of pink sheets and OTC BB. Again, I may be naive but it falls into the "burn me once" parable. I know that I always looked upon professional analysts as contra indicators. That strategy is no longer considered an oxymoron. Certainly, I would hope that unprofessional analysts and those who pretend to be unprofessional anylysts would be given just as much credence or less than those who are paid huge sums by financial institutions whose records are glaringly - what's the word? - oh yes - awful. Now a bit more ON topic, If XYBR collects, it would be (gladly or sadly, depending on your perspective) a high percentage of their revenues. So, it would be a signficant and material benefit to the corporation. OTOH, I believe in free speach. I do remember Dan7's posts as attempts to sound fact based and recognize that opinion is protected, misrepresentation is not. I was curious as to the essential basis of the claim against him and how it was framed in the complaint. I also was wondering what the prospects of collecting were and whether this had been publicized. I haven't seen anything but, admittedly, do not follow this company as I did years ago. As a sociology thesis, I was wondering whether this corporate victory, if true, over the dark side of inane message board behavior, would lead to a greater social conscience on the message boards. From my brief survey of the XYBR boards, it seems to have exacerbated my principle borrowed from Peter. That is, inanity of message boards expands exponentially with the viewership raised by market moves and inversely with good ideas. Best wishes, RRUFFF