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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.892-0.9%3:50 PM EST

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To: milton who wrote (7941)1/28/1998 11:07:00 PM
From: Leslie S. Feinberg  Read Replies (1) of 14328
 
Milton: I have a good feeling about the next report and can't imagine the numbers will be improving significantly from there. This should be a pivotal year. There is only so long the market can ignore rising sales and profits before it confers appropriate value on a company. I bought a small amount of Cellex some years ago and it did a 1:10 and promptly slipped back to and past where I originally bought ( at what seemed a cheap price at the time). Reverse splits give me the willies. I see no imperative to do this now, improving fundamentals will make it unnecessary. Listed or unlisted, the business will grow and profits will rise and that will make for reasonable valuation, IMHO.
El Scripto
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