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

To: Ron Luhmann who wrote (7642)	12/31/1997 10:58:00 AM
From: Keiko	Respond to of 14328

OK...... All you Dudes that BOT in @ one dollar sixty two cents..... Swagger........swagger...... I detect some serious buying in here and we might see the M&M's looking for stock.....hehe TRIZF go baby.......

To: Ron Luhmann who wrote (7642)	12/31/1997 11:33:00 AM
From: Greg Werner	Read Replies (2) \| Respond to of 14328

Hello Tribyites......... One of my first posts here. If you can, try to get a tape of the PBS show "Frontline". The episode that just ran here (Ohio) last night was really enlightening. I haven't checked but it may be available at www.pbs.org. I don't recall the exact title but the subject matter was the stock market in general and the bull market of the last 15 years in particular. Lots of scary scenarios of individual investors who are 100% in the stock market with IRA and other investment money. Few if any of them seemed to understand the potential for the market to go down. One of the young couples put a large chunk of money into a stock that they didn't even know the name of! "Someone told us it would double soon". Another bit was an in-depth analysis of the success that Peter Lynch had at Fidelity Magellan. One of his most telling comments was that most investors today do not seem to understand that his horizon for individual stocks was a minimum of THREE YEARS. This from a man who turned $1,000 invested with him into $28,000 in about 15 years. Something to think about...... 1) Many of the clashes (probably too strong of a term) I see on SI seem to be between longer term value investors and either short term traders or people who don't even know what their investment goals are for a certain stock. If you claim to be a value investor then you should buy on dips to maximize long term returns. If you are a short term trader, set stops so that you are not surprised by the fluctuations that we have seen recently in TRIBY. But most of all, make up your mind. 2) Don't let anyone make your investment decisions for you because of their persuasive arguments. Pick up the phone and get answers to your own questions. I'm amazed at how many people never bother to call even the IR person at a company they have invested in. They do however feel free to harass someone who has a different outlook on a given stock. 3) Realize that different investment philosophies can co-exist. It's very understandable for one person to be happy to see the share price drop for no apparent reason. They are a value investor. It's also understandable for someone to short this or any stock because some short term indicator has turned negative. The dangerous place to be is in no-man's land with no investment philosophy that you are willing to stick with. Having said this, I'm as guilty as anyone else here of violating these suggestions. I will not however, fire shots at someone who takes the lead on an SI board. It's a thankless task that opens you up to constant criticism. Whenever I feel compelled to post a criticism, I try to pick up the phone, do some research and post something constructive instead. Well, that's the end of this diaTRIBe. :-) Happy New Year to all, Greg Werner