Xybernaut Corp. (fka XYBR)

[FrankNG]

XYBR REVENUE FORECASTS IN HOSTORY

11/16/1998

Xybernaut's Mobile Assistant IV is a two-piece wonder: A portable, two-pound computer that can be worn around the waist, with a headset that has a screen so the user can navigate the Web either by mouse or by voice. MA IV, which the company will unveil this week at the COMDEX trade show in Las Vegas, will create a revenue surge, Xybernaut's director of investor relations Mark Bergman said. That's a conservative estimate, too," Bergman told a room of money managers. "Internally, management is expecting something closer to about $90 million, but those are the guidance numbers we're giving to the Street." Not bad, considering Xybernaut made $813,000 in revenue in during '97, down 26% lower from $1.1 million in revenue in '96. The Fairfax, Va.-based company expects 1999 revenues to come in between $30 million and $40 million. http://www.thestreet.com/tech/siliconvalley/414430.html