Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.990

-0.5%

9:32 AM EST

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To: DELT1970 who wrote (9800)	7/21/1998 2:11:00 PM
From: Decci	of 14328

Grobnette, Thanks!!! I am watching and I still hold my my core position + some warrants. I am more confident about the future. We will realize price growth soon as Newla, in Dublin, has officially said that TRIBY expects UniGold HIV approval this year. Technology validation and increased earnings are the keystones of this company right now. I also expect a mild earnings surprise of a solid .0275 to .03 ( EST $700,000 Q profit) as opposed to an iffy .02. I believe management has an agenda that we must trust. In the past 2 years we have seen improved earnings, even with the increased number of shares. I am sure the company is sensitive to dilution and will be self-restrained before issuing more shares. A carrot to the warrant holders will not have significant impact on the total number of shares; I think not more than 1.3 million shares that is if the share price gets to $3. JMO OUT

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