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Non-Tech : Tyco International Limited (TYC)

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To: Tatnic who wrote (3217)4/27/2002 2:36:24 PM
From: Z Analyzer  Read Replies (2) of 3770
 
<<Now that the cat is out of the bag, and the company's debt got downgraded again to junk, there should be much more blood-letting.>>
The crap coming out of a few people on this board is unbelievable! Tyco's ratings have not ben downgraded to junk. Futher the agencies make it clear that the ability to maintain ratings depends primarily upon how Tyco CHOOSES to allocate cash to share repo vs debt repaymnet.
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