SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tyco International Limited (TYC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: blankmind who wrote (2841)2/8/2002 8:02:57 AM
From: GVTucker  Read Replies (3) of 3770
 
Even before the recent negative guidance, there was no way that TYC was going to get to $4/share unless your calculation of "normalized" cuts out things like COGS and interest expense.

I don't hear anyone maintain that TYC is doing everything wrong.

They certainly aren't doing everything right, either.

Kozlowski noted yesterday that buying CIT was a mistake. Note that I said the same thing on this thread a couple of weeks ago and was accosted by some.

Next mistake--buying Tycom. Tyco bought out Tycom at a premium just a couple of months ago. Yesterday Tyco cut 44% of the jobs at Tycom. No way that business is worth today what Tyco paid for it. Tyco made a wise business decision by spinning off Tycom. Tyco should have let Tycom live or die on its own.

Companies like AMP. ADT, and Raychem were within the sphere that Tyco could do well. CIT, Tycom, and Paragon are not within that sphere. And since the latter three companies were acquired, the stock has performed poorly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News