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

To: Tom_ who wrote (897)12/9/1999 1:01:00 PM
From: wayne nikituk  Read Replies (1) | Respond to of 3770
 
"If there was anything there, don't you think these guys would have sniffed it out?"

Hey, take a look at Trans Canada Pipelines on NY and Toronto, a stock with a yield close to 7% a few days ago...most CDN analysts had the stock rated a buy..or strong buy as it declined from $22C to $16C. Yesterday, they cut their dividend from $1.12 to .80 and announced a massive restructuring. STock hit $11 and change today. All analysts who were bullish have now downgraded it. These people know nothing.



To: Tom_ who wrote (897)12/9/1999 1:35:00 PM
From: JDN  Read Replies (2) | Respond to of 3770
 
Dear Tom: "And when the SEC comes out with an all clear"

I got a good laugh out of that one. Believe me the SEC will never stick their neck out and give anyone an all clear. What will happen is they will walk away and say the matter is closed. The all clear comes from the CPA firm that audits the company and that has already been given. JDN


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