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Non-Tech : Tyco International Limited (TYC)

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To: blankmind who wrote (3417)6/16/2002 7:02:58 PM
From: blankmind  Read Replies (1) of 3770
 
- my notes from confer call concerning aborted Plastics Divis sale indicates Tyc is doing a lot better than anyone is giving them credit for:

"- complaing abut 6/7/02 call... saying they’ve - real harsh - syaing bd has to change - never saw an audit of the plastics divis - // answring: ssaying the bd has been working - investgation w/ take 6-8 wks - per MS - if anything material showed up in the plastics audit w/ have caused pr wtrhs to amend their prev finl’s - problem w/ the plastics sale was that we were seen as a weak seller & no reason to unload core business - "
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