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


To: luther yow who wrote (571)11/4/1999 9:11:00 AM
From: Richard James  Read Replies (1) | Respond to of 3770
 
Nov. 4 Article on the One Group Large Cap Growth Fund
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Large Cap Growth With a Tech Chaser
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The fund recently added to its position Tyco International (NYSE:TYC - news) despite the controversy surrounding the
company. The conglomerate?s shares tumbled recently amid investor criticism about Tyco?s accounting practices in recent
mergers in which the acquired companies slowed their revenue growth or wrote off assets right before being acquired.

Tyco?s stock ended Wednesday at $40.94 per share, up 3.64%, but off its 52-week high of $53.88 per share.

?We think people got panicky on Tyco, and a lot of the concerns are old news that got blown out of proportion,? says
Jandrain. ?We don?t see a break in the dam here.? >>

fnews.yahoo.com