SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (1057)12/12/1999 1:37:00 PM
From: Brian Malloy  Read Replies (2) | Respond to of 3770
 
I'm buying too and believe that the SEC will basically give TYC a clean bill of health. However, be aware that risk still exists. If the company should restate earnings and it is a downward revision the stock can fall to the $18-$20 range. At which point the bad news would be out of the way but the stock could languish for a year or so before beginning a move back to the upside.