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


To: Keiko who wrote (8553)3/14/1998 10:41:00 PM
From: DMore  Read Replies (1) | Respond to of 14328
 
Strep A running wild in Texas.
I gathered from the tone on the conference call that the 50%
eps growth is lowballed. I think they know they will come in
higher but rather than possibly disappoint the market, a higher
number will be very positive. With the currency change, higher
sales and margins and less overhead, .09 would be disappointing.
Management is not stupid and knows that when you miss estimates
you get killed, yet upside surprises can really be a boost.
The increase in liabs. was from acquisitions and financing on
the new building. Goodwill was written off, thus the decrease
in s/h equity. They mentioned getting to National Market system,
all we need is $3.25 plus in price and all other requirements
are met. I say all we need, we can't get $2.25 now.
I still say either Centocor, Clark or an institution is selling.
Noone else controls enough paper to do this kind if selling.
It is highly unlikely all the shareholders decided to dump
in this area. They would be selling for losses, except for
the groups mentioned above.
Tone of call was very positive. We still need of couple of
major announcements on sales or major partners. Where is our
major for H-pylori? When is Bayer going to start pulling
their weight? Ronan also mentioned using irish firms to help
get US institutional players. let's get started ASAP!
D