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

To: AgAuUSA who wrote (10776)11/4/1998 4:53:00 PM
From: joe wiles  Read Replies (2) | Respond to of 14328
 
greg, before you get too giddy, all of the positive asset delta is in Goodwill (which is basically worthless) and assumed inventories (which may be worthless). Real assets (aka cash) went down and all debts (long term and short term) went up. The bottom line to all this as I see it is a balance sheet which is about equal to last years with 33% more shares - hence the lower price. Of course, just another way of looking at it and all IMHO. Regards, Joe



To: AgAuUSA who wrote (10776)11/4/1998 10:26:00 PM
From: Bill Coenen  Read Replies (2) | Respond to of 14328
 
Greg,
Not only do I agree with you, I just bought some more to prove it. I'm no accountant either, I just listen to them -- sometimes. Good luck to us all, Bill


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