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

To: Ace who wrote (11029)	11/22/1998 12:37:00 PM
From: munsters	Read Replies (2) \| Respond to of 14328

Think in two quarters if business plan is effective .20 eps for the 2000 may be a reality. Think by then mid caps, small caps and micro caps will be commanding much higher P/E's. Back in the thirties again. If this comp can get on track for .20 cents in 2000 and the market pays up to 30- 35 P/E again we got 6. Remember one thing. We are still in a bull market. With low inflation and low interest rates that this market hasn't seen in years stocks can trade at 35X earnings. At that multiple we should see the Dow and the Nasdaq explode to the upside. I'm hoping for DOW 11,000 by end of 99. Nasdaq on a % basis higher. August and September was the biggest buying opportunity in my lifetime. Nasdaq stocks still have a long way to go. I'm not to big fan of the larger companies though. There margin for error is to slim. I'll take a beaten up, slammed in the face stock anytime over something already trading with incredibly high P/E's at this point.