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


To: Mang Cheng who wrote (864)12/9/1999 10:31:00 AM
From: KAF  Read Replies (1) | Respond to of 3770
 
PE for next years earnings is about 10 now.......just keep on adding.



To: Mang Cheng who wrote (864)12/9/1999 10:33:00 AM
From: Mr. Tomatohead  Read Replies (1) | Respond to of 3770
 
I am thinking about averaging down at price now...Not a substantial part of my portfolio, so I am not risking as much on it as I do a lot of new, unproven issues. Hey, at worst we can be part of some big shareholder class action suit...I think they get cleared for the most part and we will see 75 next year.



To: Mang Cheng who wrote (864)12/9/1999 10:35:00 AM
From: Bosco  Read Replies (1) | Respond to of 3770
 
Hi Mang - I do share your feeling about TYC - that it is a fine co. The problem is that the Street is not known for its rationality. I should know, for the last 3 years, I betted on the undervalued stocks and lost big. Sometimes, they are undervalued for some reasons; sometimes, they fall for the self-fulfilling prophecy of the Street by strangling their credit source. TYC has been a darling to the Street. It was irrational exuberance. Now, it is broken - irrational negativism, if you will.

Sorry about your stake. It happens to the best of us. Hang in there.

best, B