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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.918-13.4%Dec 15 3:59 PM EST

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To: Hope who wrote (9675)7/8/1998 3:33:00 PM
From: UncleWaltie  Read Replies (2) of 14328
 
Looks like good news bad news to me. Good news that acquisition of product line will be help earnings without further stock dilution.

But doesn't extending warrants with reduced exercise price mean added risk of further stock dilution and that in someone's view that the stock is less likely to reach $4. Seems the only people to benefit are B warrant holders. Who is the management helping by doing this?

Please correct me if I'm wrong. I was planning to add to my position at these low prices until I saw the warrant news. Fear of continued dilution and all that.

Thanks,
uw
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