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

To: Fangorn who wrote (617)11/11/1999 9:53:00 AM
From: Bosco  Read Replies (1) | Respond to of 3770
 
G'day all - since I am neither long nor short, here is my take.

I certainly would not characterize stock buyback as a credit card ponzi scheme. Making such an assertion really requires some elaboration. OTOH, I agree with CC that insider buying is a good faith effort, especially management did sell a lot of stock before the cave in. I am not saying there is something necessarily wrong about the sales, after all, management is a group of people with families to feed! However, they now can certainly sell high and buy low, and if they balk, that can be a telltale sign

best, B



To: Fangorn who wrote (617)11/11/1999 9:57:00 AM
From: Tatnic  Read Replies (1) | Respond to of 3770
 
>>>Does the fact that management is taking most of their compensation in stock this year tell you anything? Not anything you want to hear obviously.<<<

All that tells me is their accountants are lawyers as well and they are very very clever <g>. Its one thing to receive your pay as stock options but another to take you own money and buy stock in the company. Lets see if KOZ buys any of the million shares he dumped at the high point in August.




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