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Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?


To: Craig McNeill who wrote (7535)12/18/1997 7:27:00 PM
From: Joe King  Respond to of 14328
 
Craig, I agree the co is solid, but the market is not. This is a traders stock buy in the low 2s sell when it hits 3. No reason to hold for long term. Good luck, Joe



To: Craig McNeill who wrote (7535)12/18/1997 10:45:00 PM
From: Steve Stuart  Read Replies (2) | Respond to of 14328
 
Craig,

I agree that TRIBY is not the sort of shady stock that the NASDAQ is trying to distance itself from. However, the fact remains that all non-filing stocks will be delisted next March. There will be quite a few babies flying out the window along with the bathwater.

I am a long-term investor: I have held TRIBY for 2 years so far and would like to hold it longer. I am certainly not hysterical. However, TRIBY is already one of the most micro of the stocks I hold, and the pink sheets are where I personally would draw the line.

I fully expect that the co. will begin filing with the SEC, since they've been making noise to that effect for some time now. They've got 3 months to learn how to use EDGAR...

-Steve Stuart