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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.995-0.5%Dec 4 3:59 PM EST

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To: Scott H. Davis who wrote (9187)5/6/1998 10:39:00 AM
From: DMore  Read Replies (1) of 14328
 
One other item that a stock needs is sizzle and TRIBY just
doesn't have it now. Two years ago when the stock ran, the
sizzle came from buyout rumors and FDA. Now, both of these
are lacking. US investors (traders) are always looking for the
hot deal or rumor. Until this returns, this stock will
follow the charts and move up at a snails pace.
One other problem is that the acquisitions made, while of
good quality, were with undervalued stock. The best acquisitions
are made with overvalued stock, allowing for less dilution
and a higher price needed before the shares return to the
market.
D
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