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


To: Dave Shoe who wrote (2051)2/20/1999 11:19:00 PM
From: LT  Read Replies (1) | Respond to of 6847
 
Xybernaut gets $7.75 or so for each Warrant redeemed

Right, so it depends upon the share price at the time of execution how good a deal it is. If the stock is at $15 when the warrant is executed and you paid a buck for the warrant. Lucky you. The closer the XYBR share price is, to the warrant execution price, the better the deal for the company.

Companies usually specify a point at which they can call in the warrants. Say at a share price $18.00, or what ever has been pre-determined, to save them from giving away the shares cheap, if they sky rocket. (do an EBAY)

LT



To: Dave Shoe who wrote (2051)2/21/1999
From: Jason Flora  Read Replies (1) | Respond to of 6847
 
Dave, just a note in case you are not aware of the fact, Mr. Bergman the analyst who gave us the buy rating was until a few months ago an employee of xybr.

Further those numbers relayed in the buy rec, we had already heard from an article in thestreet.com following the AEA conference last fall.

My personal belief, hope, is that we will hear some new news around the time of the 1st qtr report, or just prior to it. Remember that last year the news that sent the stock to 12 was the announcement of the finalized agreement with Sony, an agreement which had been announced months earlier. I expect a lot of news this spring, and the company has said that they are planning another wearables conference for this spring. Of course the best news will be hard numbers that beat those Mr. Bergman has published.

It is also possible for the company to extend the expiration date of the warrants.

-Jason