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Non-Tech : Tyco International Limited (TYC)
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To: dch who wrote (146)10/19/1998 3:22:00 PM
From: jelrod3  Read Replies (1) of 3770
 
TYC has made a nice recovery from the lows set in early October, and looks poised to return to the mid to high 60's, if revenues and earnings are on track this week. It looks like TYC is on track to have fye98 revenues of about $20.50 per share which should do the trick towards boosting share price upwards from the mid 50's to mid 60's. Note that the 200 and 50 day MA appear to have been penetrated. I'm not a technician, but this augurs well for the stock. The big key is top line revenue growth and net earnings. Both should be there for TYC this year end.
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