Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.295

+45.2%

3:59 PM EST

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To: Keiko who wrote (7931)	1/28/1998 12:11:00 AM
From: DMore	Read Replies (1) of 14328

Reverse splits are viewed extremely negatively and rarely work. With little shareholder confidence now, this could start a war. Unless a quantity of major news and major brokerage support were immediatelt brought into the market after the split, the stock would lose 25-50% very quickly. Besides the support, the price of the B warrants should be left at $4, this would allow immediate exercising and a $5+ million cash windfall. This would never occur. Warrant holders are always viewed as second class citizens. If the company wants the float to get smaller, find an institution or long-term investor to come into the market and buy a million or two. Issue them some special warrants for doing so. I just hope all is considered before this decision is made. D

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