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Non-Tech : Tyco International Limited (TYC)

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To: GVTucker who wrote (2610)1/27/2002 1:40:39 AM
From: Jon Khymn  Read Replies (1) of 3770
 
NEW YORK (Reuters) - Money managers are dumping stocks, rejiggering portfolios and making emergency calls on company management as worries about fuzzy accounting methods and failing financial health mount on Wall Street.

The stunning -- and expensive -- collapse of Enron Corp. (ENRNQ.PK) and subsequent jitters about conglomerate Tyco International Inc. (NYSE:TYC - news) have made investors who once were willing to overlook obtuse financial statements, unforgiving.

Investors also have taken a harsher look at companies with rising debt levels.

--snip--

dailynews.yahoo.com

Wouldn't the CEOs be scared to see their company name mentioning along with ENE?
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