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Strategies & Market Trends : 1 Pick Per Mo for 50% Return -- Ignore unavailable to you. Want to Upgrade?

To: Chartgod who wrote (1718)	12/11/1999 7:33:00 PM
From: Joseph Strohsahl	Read Replies (1) \| Respond to of 1770

Thanks Jim, Sold MYPT @ 46 3/4. Waiting for the next run to buy again. Two new ones: TYC TYC: SEC INQUIRY PUTS A CLOUD OVER SHARES ALTHOUGH FUNDAMENTAL OUTLOOK UNCHANGED--STRONG BUY Deutsche Banc Alex. Brown - US Equities Baldwin, CFA, Harriet C.,Jocelyn A. Ring December 09, 1999 HIGHLIGHTS: * On Thursday, 12/9/1999, Tyco announced that it was advised 12/8/99 that the SEC will launch a "nonpublic, informal inquiry" relating to charges and reserves taken in connection to acquisitions. * We are not changing our EPS estimates or our STRONG BUY rating. Tyco's ability to show strong free cash flow ($3.3B F2000E or $1.90 per share) is not affected by the inquiry or by any (in our view unlikely) required changes in accounting for reserves. * We believe that TYC shares at current levels (particularly under $30) are a very unusual buying opportunity for investors with a time horizon of greater than 3 months who can stomach the uncertainty of the SEC inquiry. * While we believe that the SEC will not find anything substantive, TYC shares are likely to remain range bound (at their new, lower level) until the inquiry is completed, all else being equal. * There is no set time frame for the inquiry. Informal SEC inquiries have a wide range of duration (from a week to many months to indefinite). Our guess is that this is more than a week's project. We hope that the inquiry could be concluded in several months, but there is no way of knowing for certain. * The SEC inquiry is likely to focus on 2 issues: has TYC taken the restructuring actions promised at the time of any charge, and have those actions occurred within an appropriate time (usually 3 years). * We believe, based on TYC's past disclosures, that the company has been well within SEC guidelines on both scope and timing of restructuring charges and actions. * Our math shows that Tyco's percent of reserves remaining from charges are approximately: 45% at the end of the year, 26% after one year and 9% after year two (results from 1991 through 1998). * We rate Tyco shares STRONG BUY. Our 12-month price target is $81 (35x $2.30 C2000E EPS). Tyco offers the "complete package" for investors, in our view, with strong internal growth plus free cash flow and acquisition acumen. ********************************************************** I do Not like penny stocks but this one is worth the risk. EDIS) Earth Search Sciences website: earthsearch.com Profile: Earth Search Sciences is a development stage research and development company engaged in the identification of applications for hyperspectral remote sensing technology. "Their new technology could well revolutionize the information industry and affect almost everything from mining to international relations."--Lou Dobbs, CNN Moneyline If anyone of you watched National Geographic Friday night you would have been amazed by what this Earth Search Sciences team does. National Geographic EXPLORER has teamed up with scientists from the Dian Fossey Gorilla Fund International and Earth Search Sciences in an expedition to use hyperspectral technology to map the habitat of the highly endangered mountain gorillas of Rwanda. National Geographic EXPLORER sent the first film crew in the world allowed in to see how the gorillas are faring. nationalgeographic.com What they do: Hyperspectral imaging technology by Earth Search offers a powerful economic tool for mineral explorationand and environmental research. ESSI offers commercialized hyperspectral imaging systems to map the earth's surface and it's minerals. These images reveal valuable information to facilitate mineral exploration or environmental research. Each target mineral reflects its own unique "signature" of light. Using software to analyze these images, ESSI identifies target minerals and catalogs large tracts of land quickly and economically by flying the instrument in light aircraft. Big contracts are coming there way. Even LEGG MASON INC.is starting to buy them. It's worth a few bucks to invest in on the ground floor......check it out. Joe --------------------------------------------------------------------------------