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Non-Tech : Tyco International Limited (TYC)

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To: Mang Cheng who wrote (864)12/9/1999 10:35:00 AM
From: Bosco  Read Replies (1) of 3770
 
Hi Mang - I do share your feeling about TYC - that it is a fine co. The problem is that the Street is not known for its rationality. I should know, for the last 3 years, I betted on the undervalued stocks and lost big. Sometimes, they are undervalued for some reasons; sometimes, they fall for the self-fulfilling prophecy of the Street by strangling their credit source. TYC has been a darling to the Street. It was irrational exuberance. Now, it is broken - irrational negativism, if you will.

Sorry about your stake. It happens to the best of us. Hang in there.

best, B
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