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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: Terrapin who wrote (265)10/19/1999 10:08:00 AM
From: Tatnic  Read Replies (2) | Respond to of 3770
 
>>>Kozlowski sold 1715360 shares of Tyco in July the week after he EXERCISED 4308757 SHARES of Tyco stock options. It is perfectly reasonable to think that he sold the shares to cover the taxes involved in the transaction and perhaps a bit more.

IMO it is a valid concern to dig into the earnings and accounting practices of any company. However when you only present part of the information it appears as if you are trying to spin the argument. The Yahoo! board has been taken over by this type of discussion and I would hope to not see it here.<<<

Valid point. But $170 million? The timing seems a little too perfect...right near the yearly highs. I wish I could time my trades with such accuracy. As for the thread, I didn't realize it was solely a bull thread and that you guys want to hear nothing but good news. OK, the stock is up today after bounced strongly off 77. Short covering only? That's up to you and other bulls to decide. Good luck.