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


To: Don England who wrote (1199)1/3/2000 7:44:00 AM
From: Marvin Mansky  Read Replies (2) | Respond to of 3770
 
Technically the stock is moving well in my opinion. Fundamentally TYC looks good. Lawsuits may have a minimal effect if some irregularities in acquisition accountings are discovered but minimal, if any. Lawsuits take "forever" to play out so if they find an irregularity it will be appealed vigorously for years. TYC has been booking acquisitions with the full knowledge of the SEC, also I have heard that their methodology is similar to the way CSCO books their acquisitions.

Finally, if they were inflating revenues, why has cash flow been consistently at these levels?



To: Don England who wrote (1199)1/3/2000 12:17:00 PM
From: Y. Samuel Arai  Read Replies (1) | Respond to of 3770
 
>so, what is wrong with tyc moving 10 points, e.g. 28 - 38, and then
>consolidating before it runs again? or am i missing something?

Absolutely nothing is wrong with that. In fact, its likely to be a better strategy than day-trading a part of my holdings, as I'm doing now. I do it because I like to trade in and out of different equities, and it forces me to study a wide variety of companies and trading strategies.