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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (13958)2/19/2002 1:53:03 AM
From: blankmind   of 78702
 
Madharry, Tcyo just said last week that they may not split up after all - as they initally were going to to unleash shareholder value - but now the CEO said last week on the confer call that maybe they'll wait b/c timing is right - which makes sense to me but drove price down further

- by the way - I love accounting & GAAP - used to teach it even - but as you correctly point out on leases - there's so many variables - then combine it with the acquisitions & stramlining - & it's very hard to use GAAP with Tyco - & this is one reason for the CEO saying he wants to split up the company - so each can be better reviewed
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