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


To: Crystal ball who wrote (276)10/19/1999 3:26:00 PM
From: Bosco  Respond to of 3770
 
Just as no one should blindly believe in the sell side analyst, Tice has not said anything not known to the public. He was using some accountant type as a foil to say TYC, like many companies, use the pool of interest in M&A. Then, people use their imagination [this may very well be a calculated move on Tice's part to plan the seed of doubt] to get to the conclusion. Rehashing the same thing without further substantiation is plain exploitative, but probably not illegal, so long as the rumormongers use their names and include the caveat. One thing though, even if the rumor is not true, there is no guarantee the share will go thru the roof unless enough momentum players subscribe to the same psychosis.

best, Bosco



To: Crystal ball who wrote (276)10/19/1999 7:31:00 PM
From: Richard James  Read Replies (1) | Respond to of 3770
 
Not sure but (1) freedom of press does not apply to TICE, this is not newspaper or a book, but a commercial analysis, (2) can even sue a newspaper for defamation if actual malice is shown, (3) not that familiar with it, but state and federal securities law cover the publication of false information with the intent to profit from the market.