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

To: AgAuUSA who wrote (10773)	11/4/1998 3:41:00 PM
From: AgAuUSA	Read Replies (1) \| Respond to of 14328

I computed book value as assets ($44.5 million) over 25 mil shares outstanding = $1.78 or so. Thus, today's price is still under book. Seems to me that a conservative per share price is 2-3x book value or $3.56 to $5.34 I know many cos trade for 4-6x book, depending upon industry. That would be $7.12 to $10.68. Thus, we have further room to move up. I'm not an accountant but would solicit comments of others. In any case, the present growth tangent takes the stock up to $20 or more in 7-10y. I like that, a comfortable retirement!!! Anyone else want to retire on Triby stock? Well, follow the employees and mgt as I'm sure that has crossed their minds!!!