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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.900-4.3%Dec 19 3:54 PM EST
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To: dowman who wrote (9561)6/29/1998 10:36:00 PM
From: Ron Luhmann  Read Replies (1) of 14328
 
four years ago TRIBY lost .29/share on 5,992,904 shares
and I know you weren't around then...I was...boy do I long
for those days again...yeah right...you're obviously
obsessed with the number of shares and can't get beyond
that...or acknowledge the awesome achievements of TRIBY
since then...without the cash for R&D, new products (90 and
growing), acquisitions (Jamestown, Centacor), new employees
(from 34 to 175+), stock deals (SLF shares) and new production facilities (Bray+ weekend shifts to keep up with orders), I submit TRIBY would not have survived..as many small biotech's don't much less be profitable and gaining each Qtr...and now you're an authority on what Warren Buffett's definition of what quality is...he invests for several years in companies & countries that are not in vogue...my return on TRIBY from 31/32 to over $5 from '94 to '96...and I didn't sell at the top will be duplicated again...after we dispose of the chickens running to the hen house with the next acquisition and pop in share price we will be rewarded with Unigold approval and get beyond $3 for good...next stop $10 plus...my opinion...maybe 2 years away...I'll gladly wait again for a 5 banger or better!!... GO TRIBY !!! :-)
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