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Non-Tech : Tyco International Limited (TYC)
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To: Bob Rudd who wrote (3425)6/20/2002 2:42:03 PM
From: James Calladine  Read Replies (1) of 3770
 
I agree.

But it does show that both companies are a lot less liquid
than is commonly believed.

And that the more leveraged a company is with debt, the more vulnerable they are to debt downgrades, which under some circumstances put companies in a default position with lenders.

Namaste!

Jim
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