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

To: Terrapin who wrote (269)	10/19/1999 11:11:00 AM
From: Tatnic	Read Replies (1) \| Respond to of 3770

Obviously I have no news that supports my bearish opinion except the tape action. To me that tells a pretty convincing story. For a company to recieve such a haircut off its stock price is usually an indication that bad news will follow--and not necessarily from the company. Has this 25% drop been Tice's doing completely? That's like blaming the umpires for the Red Sox's demise. If this company is forced to restate earnings it won't be the first time in recent history.

To: Terrapin who wrote (269)	10/19/1999 1:22:00 PM
From: BI*RI	Read Replies (2) \| Respond to of 3770

Another Opinion: Tuesday October 19, 12:26 pm Eastern Time RESEARCH ALERT - Tyco $161 target price reiterated NEW YORK, Oct 19 (Reuters) - Deutsche Banc Alex. Brown analyst Harriet Baldwin said on Tuesday the low stock price on Tyco International Ltd. (NYSE:TYC - news) represents a buying opportunity and reiterated her $161 target price on the shares. -- Baldwin reiterated her strong buy rating on Tyco. -- ``We believe the current weakness is an excellent buying opportunity, even for investors already fully weighted in Tyco,' she said in a research note. -- Tyco was up 2 to 83-1/4 near midday, off a 52-week high of 107-3/4 but above a low of 54-7/8. -- The stock started to tumble Oct. 12, falling off its high of a week earlier. Traders said the market was reacting to rumors of accounting irregularities at the company. -- Deutsche Banc Alex said it believes the rumors were baseless, but shares of the Curaid bandage and ADT security systems maker have not recouped. -- Baldwin sees Tyco earning $4.45 per share for 2000 and expects the company to surpass Wall Street estimates of $0.89 a share when it reports fourth-quarter results next week. -- ``Tyco offers the complete package for investors in our view, with strong internal growth plus cash flow and acquisition acumen,' Baldwin said.