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


To: Chuzzlewit who wrote (1903)3/24/2000 11:04:00 AM
From: John  Respond to of 3770
 
Gentlement (and Ladies, if you're here too)...

Chuzz, I agree with everything you said.

RTQ at 10:57 EST... 52 1/8 (Up another 5.57%)

The rockets are now powering up! Please fasten your safety belts for a strong, sustained flight "up, up, and away" for the next few years and beyond. This morning is just the beginning of the throttle up for take-off. We have not launched yet!

Long on Tyco,
John



To: Chuzzlewit who wrote (1903)3/24/2000 11:30:00 AM
From: Terrapin  Read Replies (1) | Respond to of 3770
 
Hi Chuzz,

I agree also. However, what is to stop them from using this new equity to fund their acquisitions if needed? To me it looks like they are simply printing their own currency in different denominations <g>. I would imagine that it would be difficult for a guy like Tice to knock them all down at once!<G>

Have you heard whether they intend to distribute the newly IPO'd shares to current Tyco shareholders or use them "for general corporate purposes"?

Best,
Terrapin



To: Chuzzlewit who wrote (1903)3/24/2000 11:31:00 AM
From: Clay Takaya  Read Replies (1) | Respond to of 3770
 
Chuzz,

Great point. This was mentioned in several of the research reports along with using the IPO shares as incentive for obtaining and retaining key employees.

Clay