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


To: Joe King who wrote (8561)3/15/1998 2:40:00 PM
From: Keiko  Respond to of 14328
 
Hi Joe,

Good points indeed. Are we at all sure that the Euro will pass? Isn't there another vote due on its approval sometime this year ? With the growth we are seeing in the Irish stock index, I doubt seriously if the currency change will have any future impact. witness IONAY ) with P/E's that would bring on bouts of Epistaxis.

Trinity's laggard stock performance is the result of several market factors that the company cannot control at the present time. Hopefully, they are now taking measures to correct some of these overriding problems. Without Institutional Sponsorship from top tier Brokers and Money managers in large money centers such as NYC....London.....Dublin etc it is very difficult to get this stock into " Strong hands " and away from the Retail " flippers" and bucket shops. Presently, many retail flippers ride the stock for a 25 cent gain and flip out, only to buy in at a lower price and ride it again.
Some of these " Boiler Rooms " that we call Market makers are in the stock for merely a 25 cent gain. ( Meyerson ? ) With a float of over 15 million shares we need to get the stock into these stronger hands and away from the traders that buy in at $ 1.75 and flip out at $ 2.25

Joining forces with Goodbody Brokers just might solve this problem very soon. We shall see very quickly.