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Non-Tech : Tyco International Limited (TYC)
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To: John who wrote (1895)3/24/2000 10:39:00 AM
From: Chuzzlewit  Read Replies (3) of 3770
 
John,

I think we now know how TYC expects to continue its acquisitions. These IPOs will generate cash, and this cash, along with operating cash flow will be used to fund further acquisitions. This way they can keep their debt levels in check and not need to use stock as currency for acquisitions.

TTFN,
CTC
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