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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.900-2.8%3:54 PM EST

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To: Catfish who wrote (9939)8/1/1998 9:35:00 PM
From: dowman  Read Replies (1) of 14328
 
As I have stated before not short. Think about the tax rate situation. Wall street pays less for untaxed earnings. This is not trying to measure the value of a tax policy to a country, but the value of the business in the market place. If an American company wanted to look at Triby on a buy out basis, they would include earnings as fully taxed. Why would a shareholder do any different?

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