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


To: Brasco One who wrote (5785)9/22/2003 9:55:43 AM
From: StockDung  Read Replies (1) | Respond to of 6847
 
Look Inside To Know When to Sell

By Jerry Knight
Monday, September 22, 2003; Page E01

How can you tell when the stock market may be getting too hot?

Two of the best clues are when insiders decide it's time to cash in millions of shares and speculative penny stocks go through the roof.

Washington investors last week saw both signs of a raging bull market. Which as anyone who can remember as far back as the last millennium knows is not necessarily good.

The most compelling evidence that some stock buyers have already forgotten about the bad old days is the astonishing spike in the shares of Xybernaut Corp., a Fairfax company whose "wearable computers" have long enthralled amateur investors.

Since the beginning of September, Xybernaut has announced two new orders, totaling $2.1 million, and the market value of its stock has increased by $200 million, nearly tripling from 74 cents a share to $2.17.

Now $2 million is a lot of new business for a company that generates $10 million a year in revenue, but how that makes Xybernaut worth three times what it was in August is a calculation only the people buying the shares can make.

Logical valuation has never been an issue for folks who gamble on Xybernaut, a stock far too volatile to be an investment. Since the company went public in 1996, the stock has traded as high as $23.75 a share and as low as 21 cents. On Thursday it was the most active issue on the Nasdaq Stock Market, trading 83 million shares -- 16 million more than Microsoft.

Spikes like the recent one have occurred several times before, each followed by a crash when the smart speculators bailed out and left somebody else holding the bag.

What drives Xybernaut stock is a steady stream of press releases and a hyperactive, hyperbolic following on Internet message boards. Reading the comments posted in the course of just 15 minutes of Xybernaut chat on Yahoo provides an update in state-of-the-art profanity and absolute proof that some people never learned the lesson of the Incredible Exploding Tech Bubble or the Perils of Penny Stocks.

Reminders of the Roaring 1990s also abound in the willingness of investors to buy stocks from insiders who want to bail out.

story cont: washingtonpost.com



To: Brasco One who wrote (5785)9/22/2003 10:39:53 AM
From: StockDung  Respond to of 6847
 
Too funny, what pikers->XYBERFLASH -- NEWS UPDATE

Media Contact:

Michael Binko

Xybernaut Corp.
(703) 631-6925

mbinko@xybernaut.com

XYBERNAUTÒ RECOGNIZED AS INDUSTRY LEADER

Industry Research Firm and Media Outlets Highlight Xybernaut and Mobile/Wearable Computing

FAIRFAX, VA -- September 22, 2003 -- Xybernaut Corporation (NASDAQ: XYBR) has recently attracted attention from several high-profile industry research firms and news outlets including CNN, Network World Magazine, IDC, CNBC, CBS MarketWatch, Government Technology, InfoWorld Magazine and others. Coverage was primarily related to the Company's potential and the outlook for mobile/wearable computing technologies in various market sectors.

WHEN/WHERE: Selected samples of recent coverage include the following (in bibliographic format):

· September 19, 2003, IDC (International Data Corporation) -- research firm, Richard Dean, "Are Xybernaut's Wearable Computing Technologies and Services Finally Gaining Acceptance," Market Trend Report.

xybernaut.com

Excerpt: "Wearable computing technologies have long been recognized as a futuristic concept with a somewhat limited application beyond the retail and transportation industries. However, that belief could be changing, as one pioneering vendor, Xybernaut, continues to help shape the adoption curve of this emerging marketplace with a focus on migrating the wearable computing and communications concept from selected applications to more mainstream acceptance. This IDC Flash discusses the significance of Xybernaut's recent contract with the U.S. Department of Defense and how the related services opportunity plays a prominent role in annuity revenue creation."

· September 18, 2003, Network World Magazine, Keith Shaw, "Cool Tools: A Real Working Tablet," online article.

napps.nwfusion.com

Excerpt: " The Xybernaut demo was impressive. The guy comes out on stage with their new Xybernaut Atigo T … and proceeds to drop it several times to show how rugged the device is. The device seems to fit the space between smaller handheld devices and larger, bulkier Tablet PCs. With Xybernaut's focus on vertical industries, I think that many, many people will be excited about this product."

· August/September 2003, Government Technology Magazine, Todd Newcombe, " Query Your Clothes; First Responders Try on Wearable Computers," -- news article.

govtech.net

Excerpt: " Earlier this year, the National Law Enforcement and Corrections Technology Center-Southeast (NLECTC-SE) began a pilot project of wearable computers for first responder public safety and law enforcement agencies in the Charleston, S.C., metropolitan area. NLECTC has a $700,000 contract with Xybernaut Corp., a manufacturer of wearable technology, to provide computers … for first responders."

· September 18, 2003, CNN Money, Paul R. LaMonica, "Shares of Xybernaut, which makes wearable computers, are up 200 percent so far in September. Why?" online article.

money.cnn.com

Excerpt: "Xybernaut shares have soared nearly 200 percent so far this month on extremely heavy trading volume … Now, it's one thing for the likes of Microsoft, Cisco and Oracle to see that kind of volume. Each company has more than 5 billion shares outstanding. Xybernaut has just 159 million, so more than half of the company's shares changed hands Thursday ... it appears that several new contract wins for Xybernaut are behind the stock's rise lately. "

· September 18, 2003, Bloomberg News, Laurie Edwards, "Xybernaut Shares Rise as Defense Orders Announced This Month," online news article.

Excerpt: "Xybernaut Corp. shares have risen almost threefold this month after the company, a maker of small computers that can be worn on a belt or in a pouch, announced contracts with the U.S. Defense Department and CSX Corp."

About Xybernaut

Xybernaut Corporation is the leading provider of wearable/mobile computing hardware, software and services, bringing communications and full-function computing power in a hands-free design to people when and where they need it. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries in Europe (Germany) and Asia (Japan). Visit Xybernaut on the Web at www.xybernaut.com.

Xybernaut, the Xybernaut logo and Xybernaut product names such as Mobile Assistant (MA V) are trademarks or registered trademarks of Xybernaut Corporation in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.

# # #

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in the preceding discussion, the words “plan,” “confident that,” “believe,” “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company’s products and technologies, competitive factors, timing, and other risks described in the Company’s SEC reports and filings.

Third party statements contained herein and information contained on any third party website are not endorsed by or adopted by Xybernaut, nor has their accuracy been verified by Xybernaut.