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


To: Medisco who wrote (621)5/16/1998 2:04:00 PM
From: Charger  Respond to of 6847
 
XYBRW is a "warrant" issued by Xybernaut. Warrants are less expensive than the "common" stock. It offers a form of hedging, a different "bet" that the stock price will increase and the convertible format is designed to give the holder of the warrant an advantage.

Read posts #563 and #577 respectively. Mr. Biggs is the poster who has been involved with the warrants on XYBR longer than I and is apt to be able to answer questions better. I still have a question or two to tighten up my complete understanding of the terms of this particular warrant. Also, call the company and get a faxed copy of the prospectus which outlines the specifics.

Charger