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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.696-1.1%3:51 PM EST

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To: Ron Luhmann who wrote (11156)12/5/1998 4:53:00 PM
From: munsters  Read Replies (1) of 14328
 
Hey Ron, I'm nursing a hang over. Rough one last night. Ron, I'm staying focused on EPS here. TRIBY has sufficiant products to enhance revenue and earnings. Like I said before, we will know in 6-9 months if these aquisitions will be sufficiant to cover the debt outstanding. If it is we have a 6er here. That why I'm in. I can wait for a 6er. What ever in home products get approved its only gravy. They have plenty of products right now. Remember Ron where I'm coming from. I believe this markets going to 11,000 by end of 99. And I believe stocks can trade at 30X and not be overvalued in this low interest rate, low inflation economy. I think the US is gonna have a tax cut next year and that the global economy will be healthier by the end of the second quarter in 99. That will fuel higher valuations. This stock doesn't need a killer application test to generate a 30x multiple. All it needs is consistant EPS growth like it has been exhibiting over the last 6 or 7 quarters. Investors will pay up for stocks in this economic environment. They will still have value at 30x earnings over real estate and other assets. It's just a time thing here. Any news on new products will just be gravy.
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