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Non-Tech : Tyco International Limited (TYC)
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To: jeff greene who wrote (1918)3/27/2000 11:52:00 AM
From: Terrapin  Read Replies (2) of 3770
 
Great article Jeff, Thanks!
That is a lot to digest.

Of note is the line regarding the cyclicality of the submarine cable business. I was not sure whether the author was referring to the manufacturing side or the operating side (am I correct in that there is a distinction?). It was my impression that Tyco was building its own network in order to smooth out the cycles on the manufacturing side and provide a more predictable revenue stream by operating the network. If the author is saying that the operating side is cyclical also then that shoots that theory down.

Thanks again,
Terrapin
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