Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.755

-0.4%

Jan 5 3:59 PM EST

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To: Joe King who wrote (8329)	3/3/1998 10:41:00 AM
From: Steve Stuart	of 14328

Although it will certainly help to have the new shares out of the way, I won't be surprised if the stock continues to drift. As long as the company keeps diluting our interests with unannounced offerings for undisclosed purposes, new investors will continue to be wary. Shares for targeted, preannounced purposes are viewed favorably. Behind-the-scenes offerings for general corporate purposes are not good. This month's shares may get assimilated, but how many will they issue next time around? Fear of dilution can be as bad as the real thing. At least we will (eventually) have year-end numbers to look at. -Steve Stuart

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