Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.000

-2.0%

Dec 26 9:30 AM EST

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To: Keiko who wrote (7811)	1/15/1998 10:21:00 PM
From: milton	Read Replies (3) of 14328

Keiko: Just a thought. For comparison I look at BIOI-- a micro cap with $15.7 mill in sales, strong earnings growth, medical diagnostics and pharmaceutical products, US and European markets and priced at $6.25 per share. The float is 7.3 million of 8.3 outstanding. See biz.yahoo.com On a comparison basis, we should be at least $3 per share for triby. One difference is the 1 million shares out of the float, probably held by insiders. I would like to see triby launch a buy back to hold shares for an ESOP, or for officers or directors or to get ready to pay for their $4 options next November. It would be a vote of confidence in the future of the company. Besides, a buyback would be smart.

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