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Non-Tech : Tyco International Limited (TYC)

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To: Sidney Street who wrote (3620)1/12/2003 11:05:37 AM
From: Tatnic  Read Replies (1) of 3770
 
>>But Mr Breen forecasts reasonable earnings for 2003—not bad for a house of cards. <<

Forecasts are always optimistic, and from this company they can be overly optimistic becuz what do they have to lose? They cannot however hide their debt problem no matter how they focus attention away from it. This is their biggest problem and privately they must be very worried about keeping the ship upright. At some point the PR well will run dry and they'll have to count on operations to save them. That's gonna be tough.
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