To: FJ who wrote (1047 ) 1/28/1999 11:25:00 AM From: FJ Respond to of 52051
SW: XYBR; Steve Newman's IBM comments, for those who haven't seen it: (taken from AOL board - Phil Young's post) Subject: Relationship with IBM Date: 01/24/99 6:23 PM Pacific Standard Time From: Young4good Message-id: <19990124212307.16657.00002545@ng117.aol.com> Here's an email from Steve Newman that was posted on the yahoo board. It says what I've been saying, don't feel threatened by IBM coming into the marketplace. It's a GOOD thing. It validates the market for the wearable instantly. -----Original Message----- From: Tim Mattison Sent: Friday, January 22, 1999 4:04 PM To: Steve Newman Subject: Gartner Group Press release Mr. Newman, I currently hold 10,000 shares of stock in XYBR. I appreciate reading Press releases like the one released yesterday mentioning the Gartner Group. It seemed to increase the volume drastically. I do have some concerns about the share price as I have not gotten back to my original buy in price yet. Since I have a larger position in XYBR than anything else it really stings when the stock price consistantly drops. I have extreme faith in the wearable computer product, i do worry that IBM may jump ahead when they begin marketing their wearable. My two questions are: 1. Is IBM a competetor or a partner and was there a trade for XYBR IP and IBM via voice software? 2. When does XYBR anticipate profitibility? I also listened to you internet interview, it was very informative. Thank you for your time, Tim Mattison Subject: RE: Gartner Group Press release Date: Sun, 24 Jan 1999 14:13:51 -0500 From: Steve Newman To: Tim Mattison I believe your faith and vision are well founded. IBM, as you know, does not yet have a "wearable computer" that it sells. XYBR does.Their press and PR has certainly been beneficial towards validating the marketplace amongst MIS and IT decision makers. We consider IBM a valuable part of Team Xybernaut. No "trades" for XYBR IP have or will occur. We control our IP totally and can make no further comment on the relationship. Our goal is this year. Thanks for your ongoing support. ----- I especially like the comment that their goal for profitability is this year. Seems obvious if they're expecting 90 million in revenue internally but you never know. Look at AMZN. Do they even EXPECT for their company to EVER make a profit?--------- Phil