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


To: Steve Stuart who wrote (8396)3/5/1998 6:05:00 PM
From: AgAuUSA  Read Replies (1) | Respond to of 14328
 
S,

Thank you for your comments. I am not an accountant.

Upon further review, we may need to see the annual report to fully understand the accounting here. Triby appears to write assets off at an accelerated rate. I question the stated liability figure in the 1997 report. It would be helpful to compare the Irish accounting method to the generally accepted US method.

I stand corrected regarding the SLF valuation. I did not check the present per share price and used an older calculation based upon a higher per share price.