Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Findit who wrote (8952)	4/18/1998 3:24:00 PM
From: PAR	Respond to of 14328

James, put me down for: June 15 (1998!!!!) at about 12:00 noon. thanks

To: Findit who wrote (8952)	4/18/1998 5:44:00 PM
From: bucko	Read Replies (1) \| Respond to of 14328

dont know whether you got my entry - June 5 @9:45 a.m. edt

To: Findit who wrote (8952)	5/5/1998 9:18:00 PM
From: Scott H. Davis	Read Replies (2) \| Respond to of 14328

James, in light of today's lousy news, I have a material question on the rules. Do you need to be a TRIBY shareholder on the date you entered the contest, or when TRIBY finally crosses the 3 barrier? Your rules did not clarify. Especially for long term holders, rather than traders. Or would one have to hold constantly from entry till a winner is declared? TRIBY now has a PE of 34. Its no longer a story stock. Its a microcap under $5.00 a share. TRIBY does not work as a value play. The bottom line of all this is most of the market won't consider and/or even hear of TRIBY. Much smaller pool of potential investors. Since its no longer s story stock, the only way it can maintain an high PE is to have growing EARNINGS. But earnings are flat. With the massive share increase in the past year, the next two qtrs will also most likely result in .02 EPS rounded. Flat EPS for 5 qtrs don't get it as a growth stock. So unless there is significant news forthcomming, TRIBY will be stuck below $3.00 for a long time. The downside at this point is not so much significant price decline (with no news I do expect the price to slip as the mo players rotate into the next stock looking for a pop from a potentially good qtrly report) but dead money for several qtrs. What news can rescue us & what is the liklihood? 1. FDA approval of HIV. What's happening in this regard. Keiko had some great posts in this regard, but it's been well over a year now and nothing from the FDA, and I'm beginning to take the continued no mention from TRIBY management as significant. We're fighting political correctness entrenched in a very politically moticated medical establishment, overseen by an administration that consistantly goes out of it's way to appease/court homosexual interest groups, which are wrapped in protecting privacy regardless of the impact upon others. Not very PC, but dispute the reality of the observations anybody. 2. The SLF shares. We've already heard that TRIBY mgmt does not want to publishize this. Lawyers with hourly billings at stake have control and if a settlement is not reached, trial and likely appeals put this way off, and even then, are we likely to get a press release? 3. Acquisition. Insiders hold a lot of shares now, plus there are now a lot of Irish government entanglements. How likely is this realistically. Barring news, TRIBY will be stuck in the two until at least the time they can show a qtr with at least .03, and even then that's not (again, PERLF is .01, .04, & .05 last 3 qtrs and it's still in the high 1s. We need some serious news or serious EPS growth. My prediction? Barring seriously good news, there will be no winner in the Pick 3 competition. If someone has an analytical basis for refuting this sceanario, please respond. I'd really like to hear a basis for holding. I's beginning to look like time to sell, and to observe and pick back up again once there is evidence of real EPS growth and a stable # of shares. Perhaps Jan 99. Yeah I know, IF the FDA approval comes thru, I'd be missing a heck of a pop, but, realistically, what are the odds with the Clintons in office? Don't seem real high to me. I'm serious about calls for an analytical response. I'll pass on the Rah, go TRIBY stuff tho. Scott