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

To: Keiko who wrote (7600)	12/29/1997 6:05:00 PM
From: Decci	Read Replies (2) \| Respond to of 14328

K, When the bid was lowered, the "shorts" sold, or this is how it appears. At 1 27/32 there were not many sellers, however, as soon as the bid dropped over 150,000 shares changed hands quickly. I am trying to understand. Was the selling due to fear of further price drop, or a short play planned and executed very well. My guess is the short play scenario. Buy at 1 31/32, sell short at 1 23/32. Net 1/4 on 30,000 is $7,500. Not a bad afternoon. Oh and by the way, they are using our shares on margin. Take Delivery, Please. OUT