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


To: Alegzis who wrote (9294)5/13/1998 8:41:00 PM
From: LeRoy Johnson  Respond to of 14328
 
I'll second the advice from Alegzis.

I first bought TRIBY at 5 11/16 in May, 96. Since then I've made five
additional buys and now my average cost is 2.9. When TRIBY gets to 6
I may consider taking some profit , but not before then.

There's a lot of upside potential now and very little downside, IMHO.

I'm looking forward to Keiko's trip report.

Roy



To: Alegzis who wrote (9294)5/13/1998 9:36:00 PM
From: Findit  Read Replies (1) | Respond to of 14328
 
Alegzis thanks for your input. Sorry that you are unable to post further. As for your optimism that Triby will reach 9 'before too long', I have to agree and disagree. I do think 9 is reachable but 'before too long' I doubt. We will have to see a big pick up in revenues and earnings to warrant that price. It could happen but will probably take another 3 or 4 quarters at least. Of course if they are bought out anything can happen to the price.

Hopefully I can get out near 3 in the next few weeks. After that I will keep an eye out and may even buy in again if it goes below 2.

Jim



To: Alegzis who wrote (9294)5/14/1998 12:44:00 AM
From: DMore  Respond to of 14328
 
BRAVO! Very good points.
Trinity's day is very near in coming and to have
waited this long and not see the big move would
be very sad.
D



To: Alegzis who wrote (9294)5/14/1998 2:34:00 AM
From: HeyRainier  Respond to of 14328
 
Ahem.

Advice -- take it or leave it.

Left it.

Don't wrap yourselves inside out with the TA nonsense.

An understanding of this "TA nonsense" would have prevented some unfortunate people from acquiring TRIBY at $5, thinking that the downside risk was significantly reduced at this point. But how about $4, or $3...

Your statement reflects an ignorance on your part about the massive market forces at work that have brought TRIBY's stock price to where it is right now.

Rainier