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


To: Crusader who wrote (2256)3/15/1999 12:37:00 AM
From: Scrapps  Read Replies (1) | Respond to of 6847
 
Sorry not to have gotten back with an answer. When XYBR first got their big news attention on CNBC they were having financial problems and some of the top people sold shares. They used the funds from the sales of shares for shorting the stock. There was some speculation at the time if this was why the XYBR person interviewed on CNBC was dressed down and gave a poor presentation of himself. Anyway the stock dropped after the interview. I'm not suggesting any wrong doing, but, as I said before...XBYR insider buy/sells may be more indicative than other company's buy/sells.



To: Crusader who wrote (2256)3/15/1999 1:18:00 AM
From: Dave Shoe  Read Replies (2) | Respond to of 6847
 
>>>There was some speculation at the time if this
>>>was why the XYBR person interviewed on CNBC was
>>>dressed down and gave a poor presentation of
>>>himself. Anyway the stock dropped after the interview.

That's how Ed always dresses. Check out his photo on the Xybernaut web page. I actually prefer it when the mucky-mucks dress like normal people. It makes for a more pleasant working environment. Do you trust people who wear expensive suits better than people who dress comfortably? This is my interpretation of the interview, at any rate.

As far as the stock dropping after the interview, the complaints about his attire were merely an excuse for the 'dump on news' after that remarkable pump. That stock price was obviously unsustainable without product to sell.

As far as the stock activity, I appreciate the heads-up. I'll look into it, but probably won't get too worked up over it. I was really new to the concept of pump-n-dumps back then and, after riding up the front side, was just hanging on the backside trying to figure the thing out. I learned much, but as it turns out, I still have heaps to learn.

Shoe.