Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.960

-4.0%

Dec 5 9:30 AM EST

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To: Joseph Waligore who wrote (9150)	5/5/1998 12:53:00 PM
From: Steve Stuart	Read Replies (1) of 14328

Shares up 3.5 million from 3 months ago. 2.5 million of these are from management option exercises, I presume. Dilution is this stock's Achilles' heel. I'm confused about why the options didn't show up in shares outstanding before now, though. Were the options granted as well as exercised in the just-ended quarter? Or does the company not report diluted share totals? One thing I know for sure is that management is smart enough not to exercise out-of-the-money options. -Steve Stuart

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