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

To: TigerPaw who wrote (599)	11/8/1999 6:05:00 PM
From: Bosco	Read Replies (1) \| Respond to of 3770

G'day all - hi TP, I am not sure the EMC scenario applies to TYC. I mean, the recent selling of TYC is not a portfolio rebalancing due to its high share price. Quite the contrary, IMHO, there could be some index fund selling b/c of its falling capitalization [which really exacerbates the situation.] Unless someone is gonna to float another rumor, I think the Tice induced panic is over for now, unfortunately, there is a succession of Fed last meeting, yearend and Y2K uncertainties [which is really in TYC's favor, since its 4 lines of businesses are hardly Y2K prone like that of the boxmakers.] I think people are going to hang back, pay lip service but cover their behinds. best, Bosco