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

To: Y. Samuel Arai who wrote (558)	11/3/1999 1:05:00 PM
From: Tatnic	Read Replies (1) \| Respond to of 3770

>>>So, backup the truck and take a full load? Or can there still be a retest of the bottom? <<< Sam, I really hate to give investment advice. So I'll tell you what I am thinking. I think the company will ultimately do fine. That letter they put out this morning was a very good start--admitting to their mistakes instead of blaming everyone else. The market may just forgive them. But if I were to go long this company I wouldn't be in any hurry. Its just too soon for me. But as I said last night there are plenty of long-term investors out there with enough confidence and faith in the company/management that they eagerly are buying here. They know in their hearts it will be higher in a year or two. Sometimes you get paid for your bravery, but I personally have been burned enough trying to pick a bottom in other stocks that I prefer to wait for solid confirmation.