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

To: DeWAVE who wrote (334)	10/22/1999 10:14:00 PM
From: Walcalla	Respond to of 3770

Here is an article I posted on the aol thread awhile back, this might be what your looking for. Tyco's backbone: the Internet By Jeff Clabaugh, CBS MarketWatch Last Update: 12:33 PM ET Jul 2, 1999 NewsWatch Sometimes there's a wolf in sheep's clothing. Tyco International is a rather unsexy sounding manufacturing company that makes things like disposable medical supplies and electrical components. Sounds like a far cry from the sexy world of the Internet. But as it would happen, Tyco (TYC: news, msgs) is very important to the flow of traffic on the information super highway. Tyco plays a leading role in the market for undersea cables, and analysts estimate that 70 percent of undersea cable traffic is Internet-related. Today on CBS MarketWatch An InvesTools advisory lays out the Tyco secret. Writer John Brobst says Tyco currently owns 45 percent of the $12 billion undersea cable market and management expects sales to grow at least 20 percent this year. Tyco currently has more than $4.5 billion in orders, $3 billion of which has been booked in the last 10 weeks. And it's adding to its holdings. Tyco just bought 25 percent of Telefonica, Spain's top telecom provider, and the agreement lets Tyco lease space on cables running between Latin America and the United States. Brobst quotes investment newsletter watcher Gregory Spear as saying there is lots of investor interest in Tyco these days. It's number 8 on Spear's list of stocks tracked by at least two of his selected advisors and he says the stock continues to perform well. Now hovering around 100, Tyco stock was just 13 in 1995. Its EPS has been growing at an equally impressive rate and the forecasts call for that growth to continue. Read the full story

To: DeWAVE who wrote (334)	10/23/1999 6:24:00 AM
From: BI*RI	Read Replies (1) \| Respond to of 3770

Sounds good. But I doubt that TYC is doing much work with GBLX. Global Crossings paid big bucks for their own cable laying business called Global Marine that they purchased from Cable & Wireless. TYC may have contracts from before GBLX's acquisition of Global Marine, but I doubt that there would be much collaboration going forward, even though both companies are based in Bermuda. Anyway, I like TYC's prospects in this area. I'm very long both companies, a little longer TYC. Marc