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Non-Tech : Tyco International Limited (TYC)

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To: rich evans who wrote (3738)6/13/2007 3:18:44 PM
From: kauaipi  Read Replies (1) of 3770
 
tftr Rich... I appreciate your explanation / analysis ... or as a good friend once said, "understanding the method of your madness" lol

While my expectations are in excess of your *thought process* I agree TYC represents a good value even with today's gains

TYC Bid: 34.15 Ask: 34.16 Last: 34.16 ($): +0.76 Vol: 9,399,000 @ 3:10p

I am just uncertain as to maintaining all pieces after the break up. Uncertain as to what value the market will give to those pieces.

In any event, with the RS and the ratio of 1:4 (TEL/COV) I would expect many to be buying to round out share lots which IMO will allow for upside movement in the short term which I don't suspect will be offset by those selling off one or more of the 3 pieces.

TA

best!
kp
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