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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: FJ who wrote (1047)1/28/1999 9:18:00 AM
From: Jon Scott  Respond to of 52051
 
Kana's bidding up . Looking for a GREAT day. Net stocks in general are looking good today.



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