Trinity Biotech (TRIBY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.720

-1.9%

Jan 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keiko who wrote (2159)	9/27/1996 10:35:00 PM
From: Steve Stuart	of 14328

My last post on TRIBY's Selfcare deal -- I promise. After figuring out the details, and factoring in all of the Selfcare Trinity owns, both subject to lawsuits and otherwise, it appears that there are 3 cases: 1) Trinity/Enviromed win their lawsuit against Selfcare. Trinity will end up owning 350,000 SLF shares with a cost basis of about $2.30. 2) Trinity/Enviromed lose the lawsuit and the price of Selfcare stock stays above $8.40. Trinity will end up owning 97,000 SLF shares with a cost basis of about $8.40. 3) Trinity/Enviromed lose the lawsuit and the price of Selfcare stock drops below $8.40. Trinity will end up owning 176,000 SLF shares with a cost basis of about $8.40. Notice that Trinity can make money on this deal even if they lose the lawsuit, if SLF manages to stay above its IPO price. -Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next