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


To: ChinuSFO who wrote (9970)8/6/1998 10:53:00 PM
From: Ace  Read Replies (2) | Respond to of 14328
 
I think you can take your pick of a large majority of small biotech/medical device stock and find the same looking chart or worse.

Kinda ugly

One exception > Triby has established a nice foundation of products and distribution channels to grow on...

Maybe now is the time to buy for the LT ?




To: ChinuSFO who wrote (9970)8/6/1998 11:04:00 PM
From: ChinuSFO  Read Replies (1) | Respond to of 14328
 
HOW 'BOUT HIS ONE--DILUTION SINCE 1996:

12/31/96: 16,119,559
06/30/97: 18,353,506 (+13.9% from 12/31/97)
12/31/97: 19,108,363 (+ 4.1% from 06/30/97)
07/22/98: 24,804,034 (+29.8% from 12/31/97)

The only clear trend is UP, which meshes quite nicely with the stocks price trend . . . DOWN.

Of course, the truly depressing part is that VVUS used the last chunk of dilution to hype the stock from sub-$2 to $2 5/8 . . . .

Nobody's going to get serious about this stock until TRIBY shows that the printing presses have stopped for ATLEAST 2 quarters (and I'm guessing more like a year). Of course, by August of 1999, TRIBY's earnings may well be on the downturn . . . .

And of course there's the end of year selling which seems to start around October for TRIBY . . . .

Anyone have some Prozac they can spare?

CR



To: ChinuSFO who wrote (9970)8/7/1998 3:13:00 PM
From: John Lacelle  Read Replies (1) | Respond to of 14328
 
Chinmoy,

Thanks for your TRIBY vs the S & P 500 chart.
They say that if you just buy the "spiders"
you will outperform about 80% of the fund
managers in a given year. That chart is a
real case in point.

Ciao,

-John