Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.890

+0.6%

Nov 25 3:57 PM EST

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To: Richard Mazzarella who wrote (9101)	4/30/1998 11:44:00 AM
From: Scott H. Davis	Read Replies (1) of 14328

Richard, I was too brief. Technically, TRIBY bounced off support at 2 1/8, and moving up well. Since this qtr report will most likely have a very good year over year comparison, I anticipate we may re-test resistance at about 2 9/16 soon. Look at the chart in 98 - TRIBY squezed out of a wedge to the upside, and look at the pattern of fairly progresively higher lows. The 2 year highs & lows combined with the greatly improved fundimentals gives you a pretty good upside/downside risk picture. Hope this helps. BTW when I express concerns to TRIBY management, I hope it comes across that I do appreciate their efforts, and there are areas where improvements can be made/sensitivity to shareholders extended. Scott

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