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

To: pfierb who wrote (333)	10/22/1999 9:32:00 PM
From: DeWAVE	Read Replies (2) \| Respond to of 3770

From RB... not an insult to SI, love both services... however I have been with TYC longer then SI's existence and cramer (small letter c on purpose) is an idiot, his picks are always late, I would say after the fact. IMHO for disclosure purposes because he will sue anybody... the little man. he didn't get kicked off CNBC for no reason........duh! From RB...... A family of TYCO I'm not new to TYCO, investing or RB... been lurking for a while and just wanted to share some thoughts and/or knowledge/information... First, I have an Uncle that is a lead accountant for TYCO and he insisted to my Father that he invest heavily into TYCO when it was 41 pre-split... and he did finally at 45 and of course my father passed it on me and I got in at 54. His argument was that as a lead accountant his job was to go into a company that had prospects of being acquired by TYCO and really churn the books to see if it added to the bottomline of course if so then he gave the green light. He also added that he was living off incentives and his base pay went towards stock options... he's now worth 5 million and my favorite uncle. But he's a workhorse and loves his job with a passion that most cannot comprehend. I mentioned that to him and he said that is all TYCO hires, but they are paid very well for their dedication. Thus more from less... Recently, I talked to him about the insults from Tice and he was baffled... there have been no changes in accounting personel or their practices that would violate any SEC regulations... pooling was only done in a few major acquistions that warranted it by both companies. Sleeping Giant of the Internet He also mentioned the internet... the future of TYCO is there and strong. With companies like GBLX and such, who do you think is laying their trans-atlantic cables and providing maintenance for them.... yes TYCO. They bought ATT's cable laying operations almost 2 years ago and are getting heavier and heavier into this. There was an article once about the giants behind the global connection of the internet and it was TYCO... (I lost an article due to my hard drive failure and if anyone has it please respond... that article is a winner.)Needless to say my uncle and our family added heavy into TYCO during the unwarranted bash of the stock. The internet section of TYCO only adds to the bottomline for the next 5-10 years... I laugh when I read the profile of TYCO and all it says is "designs, manufactures, and sells disposable medical supplies, flow control valves, fire suppression and detection equipment"... lol. Long and strong... from a daytrader (words we whisper. :-))