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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 1.000-0.7%Dec 3 3:59 PM EST
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To: Scott H. Davis who wrote (9231)5/7/1998 5:39:00 PM
From: gbull  Read Replies (1) of 14328
 
Scott:

I still don't see where you get 'next few quarters'. Revenues are going up and expenses supposedly down. That should be rising EPS. One or two quarters maybe, few quarters I don't see.

The FDA is an enigma wrapped in a bureaucracy, they are understaffed and probably don't care. So, things take time. Also, they are picky about the first 'testing apparatus' of a unique type they OK since subsequent 'apparatuses' (apparati?) are put into much shorter approval cycles.

GBull
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