Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.005

-6.5%

Dec 26 3:59 PM EST

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To: milton who wrote (7813)	1/16/1998 9:36:00 AM
From: FreedomForAll	Read Replies (2) of 14328

My experience has been that the buyback idea is used most often by (a) companies desperate to support their stock price when their growth is failing, or (b) companies with a cash hoard and no clue on where to invest it. My opinion regarding TRIBY is that their management has lots better (i.e., more profitable) ways to increase shareholder value by investing in the "means of production." But their ways require a bit more time to bear fruit. Thay seem to be more concerned with building their business than short term stock price movement. I am not a patient person in most cases, but since I've already been in this for a couple of years, and have seen the plan gradually come together, I'll be patient a bit longer. Basically I want that 5 to 10 bagger and IMO it could happen with TRIBY, but it won't be overnight. David

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