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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 1.020-2.4%Dec 1 3:59 PM EST

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To: Steve Stuart who wrote (9224)5/8/1998 11:49:00 AM
From: nic  Read Replies (2) of 14328
 
Regarding the SLF settlement:

If I remember right, the disputed shares were on TRIBY's books at some low valuation (about $1M?). Does the settlement mean that we can expect "non-recurring, non-cash" income of $6-7M to show up in the next quarterly report? That would be a nice attention-getter. If this is so, however, I can't understand why on earth they haven't brought out a press release...

- nic
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