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

To: Tom_ who wrote (920)	12/9/1999 3:07:00 PM
From: Richard James	Read Replies (1) \| Respond to of 3770

In the immortal word of the bard, no, not Willy S., Mel Brooks, LIFE STINKS. Dumped the few shares I snatched in the morning at 25 1/8 for 27 11/16. What ticked me off was that I couldn't buy any at 23.

To: Tom_ who wrote (920)	12/9/1999 3:26:00 PM
From: John	Read Replies (1) \| Respond to of 3770

Faber just mentioned that Koz wouldn't speak to him. Way to go Koz! CNBC seems overly preoccupied with fanning the negative flames, but any reasonable person knows why this is the case. It goes without saying that CNBC's parent company is GE. For this reason alone, why would anyone expect CNBC to have anything positive to say about TYC? I applaud Tyco CEO Koz for not speaking to Faber. Faber and his colleagues are merely entertainment industry clowns, IMHO. BTW, Tom... Thanks a lot for posting the comments made by Bear Sterns, and thanks to everyone else who posted replies to my earlier posts. Cheers to all... Things will be okay, given time. Long on Tyco, John in Iceland

To: Tom_ who wrote (920)	12/9/1999 6:47:00 PM
From: Tom_	Read Replies (1) \| Respond to of 3770

Dow Jones on the Bear Stearns interview... From Yahoo Chat, unverified, but it correlates with my impressions of the CNBC interview, DJ's source: <<Dec 15:31 NEW YORK (Dow Jones)--Wall Street has got it wrong, says Bear Stearns Managing Director John Inch. The run on Tyco International Ltd.'s (TYC) stock, following the company's disclosure that the Securities and Exchange Commission has launched an informal investigation of its accounting practices, is overblown. The company's shares recently lost 9 11/16, or 27%, to trade at 26 1/2 on volume of 83.4 million. Average daily volume is 12.5 million. "The market has completely overreacted to this (news)," said Inch in a CNBC interview Thursday. "Investors, frankly, should not have been surprised that the SEC is conducting this informal inquiry." A fire storm over Tyco's accounting began in October when Dallas-based money manager David Tice published a report questioning Tyco's practices. "I think this is going to clear the cloud that's hung over Tyco once and for all," said Inch, who thinks Tice's allegations of irregularities were unfounded. Inch said investors are concerned about Tyco's accounting practices mainly as they relate to analysts' current difficulties in assessing the viability of Tyco's businesses and recent acquisitions. Free cash flow is the acid test Inch uses to show that Tyco's business strategy is working. The company will generate almost $80 million in free cash this quarter, compared with a $600 million loss last year, he said. Inch thinks the stock will rebound early in the new year.>> Best wishes, Tom