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

To: LWolf who wrote (1407)	8/26/1998 10:13:00 AM
From: Bill Fischofer	Read Replies (2) \| Respond to of 6847

Looks to me like margin washout It's become increasingly clear over the past few weeks that a lot of small investors were heavily margining XYBR. Whenever this happens with a stock that is on the borderline of marginability requirements (5 for most brokerages) this usually spells trouble. When XYBR closed below 5 yesterday a lot of new folks discovered that leverage works both ways. The upside is that this sort of washout is fundamentally healthy. Like most squalls, they pass quickly.