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

To: KAF who wrote (279)	10/20/1999 12:04:00 AM
From: Crystal ball	Read Replies (2) \| Respond to of 3770

Holy Mackeral Batman!!! "RESEARCH ALERT - Tyco $161 target price reiterated TUESDAY, OCTOBER 19, 1999 12:26 PM - Reuters 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) 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. ((--Wall Street Desk 212-859-1730)) //Begin Meta Data// Selector Code: reutr Copyright 1999, Reuters News Service TYC 84 1/2 +2 9/16" You know, its days like these when you feel extra good, shooting fish in a barrel, despite being told its not very sportsmanship-like....I'll feel bad all the way to the bank. I bought 4000 shares at 80, could have gotten it at 78 or so, but why quibble, at $161 thats an easy double...Fish Fry anyone? I am, Truly yours, -Crystal Ball