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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.750-5.1%Jan 2 9:30 AM EST
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To: J.F. who wrote (8386)3/5/1998 1:33:00 PM
From: DMore  Read Replies (1) of 14328
 
I hate to say I told you so (Keiko), but earnings were disappointing.
The full story was not told and the PR firm should be canned ASAP!
A $500,000 currency adjustment in the 4th qtr. was not mentioned.
Huge increase in liabilities due to acquisitions, as was the drop
in equity. TRIBY writes off goodwill immediately. Still, the drop
in revenues from the 3rd qtr. is not a good sign.
We need a gigantic 1st qtr. and increases qtr. over qtr. from
here on out.
D
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