Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.070

0.0%

Dec 12 9:30 AM EST

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To: DMore who wrote (9262)	5/11/1998 10:02:00 AM
From: Steve Stuart	of 14328

If the SLF shares are carried as trading securities, they must be carried at market value, with charges/gains as the share price fluctuates. It sounds more reasonable to label them as investment securities, however, in which case I think they would be carried at cost until sold. You're right that earnings will be less volatile if the shares are carried at cost. -Steve Stuart

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