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

To: SteveJerseyShore who wrote (1162)	12/27/1999 5:51:00 PM
From: luther yow	Read Replies (1) \| Respond to of 3770

Suits are only lawyers and insurance making a living. The lawyer sue and the insurance pays off. Then the insurance co raises its rate and our TYC has 1 or 2 pennies less income. Not a major factor in the stock price. Luther

To: SteveJerseyShore who wrote (1162)	12/27/1999 5:54:00 PM
From: SPSEIFERT	Respond to of 3770

There is ample info on this board to answer your questions. The quick and dirty is that a guy by the name of Tice questioned their acctg practices and the CEO and others were doing insider trading. In my opinion the lawsuits and Tice's comments are pure Bullshit. The stock is thought by some pretty good analysts to be between 60 and 70 by end of 2000. Also there have been 3 Big 8 accounting firms looking at their books more than once and they give the Co a clean bill of health. Tyco is a screaming buy but do your own DD.

To: SteveJerseyShore who wrote (1162)	12/27/1999 8:08:00 PM
From: Tom K.	Respond to of 3770

...Why is this stock up?... Steve, a stock that shows 5 recent years of consistently increasing earnings per share will in most cases grow in value over the longer term. Having said that, short term fluctuations, sometimes quite dramatic, can be expected with even the most profitable companies. Your investment objectives should dictate how you play this one. TYC has been offering opportunities for both long and short players. Tom

To: SteveJerseyShore who wrote (1162)	12/28/1999 7:31:00 AM
From: JDN	Read Replies (2) \| Respond to of 3770

Dear Steve....: These type of class action lawsuits have become a farce in America today (thank you Mr. Clinton) and are largely ignored unless they truly have merit which this one does not appear to have on the information we have so far. Basically, anytime a publicly traded stock takes a huge dip in price, and especially if the insiders had sold prior, one can expect a lawsuit. It is purely to line the attorneys pockets, thats why so many jump at the chance. Its really nothing more than a SHAKEDOWN and OUGHT to be stopped but lawyers have Clinton IN THEIR POCKET (he's cheap to buy you know) and he derailed legislation to put a stop to this nonsense. So for now, lawyers sue, insurance companies pay off. Premiums are raised and YOU the consumer get hit in the pocket. Sorry to get on the soapbox on this BUT IT IS THE THING I HATE MOST. I retired at 47 cause I could NOT STAND THE RACKET going on. Some of us STILL have morals. JDN