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


To: Richard James who wrote (606)11/10/1999 5:39:00 AM
From: WILLIAM C KLEMA  Read Replies (2) | Respond to of 3770
 
Isn't Moody's making a call on the debt rating and not the stock? The release was at 1:30 et. The stock sold off a little around that time and rebounded to close at the highs of the day. My feeling is the market said no big deal.

regards, Bill



To: Richard James who wrote (606)11/10/1999 6:27:00 AM
From: Bosco  Respond to of 3770
 
G'day all - hi Richard, I saw the Moody's piece also. As you know, I am still sporting another flesh wound due to the debt [and thus ratings] in another company, it is just too close to comfort. Of course, TYC is a strong co, so it will unlikely to suffer the fate of lesser kind

hi Samuel, you are right. TYC did manage to climb up another tier of support. Congrat. again

best, Bosco