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


To: JDN who wrote (1201)1/3/2000 8:37:00 AM
From: luther yow  Read Replies (1) | Respond to of 3770
 
JDN,
I have a very good CPA and I don't think he would even understand that. I know that it is true from many years of investment and trading. Thanks for putting it so well. This is in my opinion a very strong company and the future bodes well for all of us.
Happy New Year and good trading,

Luther



To: JDN who wrote (1201)1/3/2000 8:46:00 AM
From: Marvin Mansky  Respond to of 3770
 
Thanks for your clarification. I was referring to the "cookie jar" of funds that TYC was accused of using to make earnings look better than they were. I believe this is hogwash also. The free cash flow would not continue if there was a cookie jar to inflate earnings. As with all "cookie jars" the cookies eventually run out as they're eaten.