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Non-Tech : Tyco International Limited (TYC)

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To: D. Chapman who wrote (957)12/9/1999 9:24:00 PM
From: Mr. Tomatohead  Read Replies (2) of 3770
 
I think we get a bounce back tomorrow to around 30-31, but the tax loss thing will really be present for a little while now. I wanted in now, but I can see the rationale for waiting if it is in your tax interest. The most expensive shares I owned were a very few in the 44-45 range. Some more at 35 and lots today in the 26's. If I was sitting on some from the 50's, the sell-buyback in 31 days isn't a bad bet. I am anticipating being in the high 30's by year end and the real move obviously not taking place until (knock on wood) the SEC clearance/non-action/handslap. Lots of money will be flooding in off the sidelines and I can just imagine how strongly the brokers will be touting this one as a safe value with big growth potential. Sorry for the pain to those who have been long for a long while, but unless you sold, you haven't lost money.
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