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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.830-17.5%Dec 29 3:59 PM EST

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To: Keiko who wrote (7480)12/9/1997 12:23:00 PM
From: Decci  Read Replies (2) of 14328
 
SLF shares are down 7/8 to 8 5/8. We must be near a settlement. Price is being driven downward the last couple of days. LHA says TRIBY, at present, is properly valued and warrant overhang is killing our chances of a rally. In addition, Olga said there is too many shares in the hands of RETAIL investors, like me I guess? According to her, "Professional" investors refuse to jump in, not because the company is weak, quite the contrary, but because of heavy "manipulation" (not my words). Keiko, we are in need of some serious strong news. Olga thinks when the warrants are completely gone the sky is the limit, as long as profits continue to grow which I trust will happen. OUT
PS. I want to eat my words, believe me.........
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