HOW 'BOUT HIS ONE--DILUTION SINCE 1996:
12/31/96: 16,119,559
06/30/97: 18,353,506 (+13.9% from 12/31/97)
12/31/97: 19,108,363 (+ 4.1% from 06/30/97)
07/22/98: 24,804,034 (+29.8% from 12/31/97)
The only clear trend is UP, which meshes quite nicely with the stocks price trend . . . DOWN.
Of course, the truly depressing part is that VVUS used the last chunk of dilution to hype the stock from sub-$2 to $2 5/8 . . . .
Nobody's going to get serious about this stock until TRIBY shows that the printing presses have stopped for ATLEAST 2 quarters (and I'm guessing more like a year). Of course, by August of 1999, TRIBY's earnings may well be on the downturn . . . .
And of course there's the end of year selling which seems to start around October for TRIBY . . . .
Anyone have some Prozac they can spare?
CR |
