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


To: Scott H. Davis who wrote (7919)1/27/1998 8:01:00 PM
From: Decci  Respond to of 14328
 
Scott, A few months ago I thought a reverse split would be
better for the stock, but after talking to Greg and Ron
I believe this would destroy the price to levels worse (if
that is possible) than it is now. Solid numbers and increased
revenue growth will help this toddler run. I do not want
my multiplier any smaller. Of course, it would be nice
to have less shares outstanding, however, price moves would
still be no more than an 1/8 to a 1/4 which on fewer shares
would amount to nothing. Not to mention the shareholder
mistrust of management, as there are rumours that they
have recently increased personal holdings in the company.
I vote NO on reverse split and YES on more product launches, settlement with SLF for big money, and FDA approval to validate Uni-Gold technology in the US markets. This will encourage
other investors to commit. OUT
PS: take delivery on your shares. I did yesterday.