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Non-Tech : Tyco International Limited (TYC)

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To: Tom_ who wrote (897)12/9/1999 1:01:00 PM
From: wayne nikituk  Read Replies (1) of 3770
 
"If there was anything there, don't you think these guys would have sniffed it out?"

Hey, take a look at Trans Canada Pipelines on NY and Toronto, a stock with a yield close to 7% a few days ago...most CDN analysts had the stock rated a buy..or strong buy as it declined from $22C to $16C. Yesterday, they cut their dividend from $1.12 to .80 and announced a massive restructuring. STock hit $11 and change today. All analysts who were bullish have now downgraded it. These people know nothing.
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