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


To: Keiko who wrote (7931)1/28/1998 12:04:00 AM
From: Scott H. Davis  Respond to of 14328
 
Dublin et all: if you are reviewing posts, my post # 7930 was not venting, but the perspective of a suma cum business grad turned into a consulting level clinical analyst. Sincerely, Scott H. Davis



To: Keiko who wrote (7931)1/28/1998 12:11:00 AM
From: DMore  Read Replies (1) | Respond to of 14328
 
Reverse splits are viewed extremely negatively and rarely work.
With little shareholder confidence now, this could start a war.
Unless a quantity of major news and major brokerage support
were immediatelt brought into the market after the split, the
stock would lose 25-50% very quickly. Besides the support,
the price of the B warrants should be left at $4, this would allow
immediate exercising and a $5+ million cash windfall. This
would never occur. Warrant holders are always viewed as second class citizens. If the company wants the float to get smaller,
find an institution or long-term investor to come into the market
and buy a million or two. Issue them some special warrants for
doing so. I just hope all is considered before this decision is made.
D



To: Keiko who wrote (7931)1/28/1998 4:14:00 PM
From: Richard Catterall  Read Replies (1) | Respond to of 14328
 
Had a couple of my "babies" do reverse splits and the market responded by driving the price down to pre-split levels very quickly.

Have to vote a strong NO NO NO. Also would SELL SELL SELL immediately I felt they would take this path.