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


To: choban who wrote (170)11/28/1997 10:09:00 AM
From: John Anderfuren  Read Replies (1) | Respond to of 6847
 
Thanks for you heads up on the background data. I agree it is a roll of the dice given current information. Since they have gotten the necessary funds to stay above sea level and any positive news next quarter will pop the warrents 25% a profitable exit point. I'll sell 3/4 of the holdings and keep the rest at zero cost. I'll still be active in netting on weakness. I've found this a good technique for playing these bottom bounces, after all many companies will renew the warrents if they have not become profitable by the end of term. If go under after I out the 3/4 I'm not out anything, but the time value of the dollars left in the warrent. I don't see it going belly up given the sony investment and the convert sale.