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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.900

-4.3%

Dec 19 9:30 AM EST

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To: AgAuUSA who wrote (7918)	1/27/1998 9:12:00 PM
From: AgAuUSA	Read Replies (3) of 14328

Regarding SLF cash: An acquisition spending spree would be a needless waste of cash. I don't like that idea; bad management dilutes shareholder value by spending cash and selling securities needlessly. A share buy back would do much more to boost the shareholder value than an acquisition. A SPENDING SPREE ON ACQUISITIONS IS A BIG, BAD, MISERABLE IDEA!!! Mgt should concentrate on the business we have now. Make it profitable to the max. Get the FDA approvals for the products under developement. Get more market penetration. Tweek it tight and run it right. If mgt can't make enough money to pay costs and turn profit $ into shareholder value, then I feel the co should be sold off and proceeds distrib to shareholders. Auction the eqpt, sell the real estate and FIRE THE MANAGERS. And, by all means, forget the hokus pokus idea of a reverse split. Its a fools way to the grave. Management, ARE YOU LISTENING?? GET TO WORK IMPROVING SHAREHOLDER VALUE. PRESENTLY, IT STINKS OF MISMANAGEMENT!!!! BUYBACK, get it?? BUYBACK EXISTING SHARES WITH FREE CASH AND SLF PROCEEDS!!!! DO IT NOW!!!!

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