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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.960-3.5%3:59 PM EST

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To: Decci who wrote (7346)11/4/1997 11:51:00 PM
From: Peter van Steennis  Read Replies (1) of 14328
 
Keiko:

You are right you will take heat for your suggestion of a reverse split. What ever the value of TRIBY is on the day of a split, is what it will gravitate down to within a few weeks, ie $2 5/8 today, after a reverse split, it will still come back to $2 5/8. Reverse splits are loosers for the shareholders.

Regards Peter

P.S. Keiko, you reports have always been informative, I am long on TRIBY, but zero on reverse splits.
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