Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.820

-6.8%

Jan 30 9:30 AM EST

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To: Keiko who wrote (8506)	3/12/1998 2:15:00 AM
From: milton	Read Replies (1) of 14328

Keiko: It's good to be back. I've missed this board as I have been stranded out of town for the last several weeks. Triby's doing remarkable in the news but the price just doesn't show it yet. My check of the broker's screen today sowed a report of the closure of a London Centcor lab in a cost reduction move, and a shifting of production to existing Dublin facilities with more upgrading. All the news shows more efficiencies, product expansion, and incredible continuing revenues and profits growth. Confirming my earlier concerns is the comment from one broker today that $5 is the floor before brokers can begin recommending the stock to their clients in most of the major brokerage firms. Triby has to break that ceiling if it wants to move into a better trading strata. Then we'll see better activity. Also, if the 1998 projections hold up at 15 cents per share, then at 20~ 30 X earnings, I expect $4.50. If earnings trends are higher, then the price should be higher.

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