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

To: Tatnic who wrote (2583)	1/22/2002 10:48:57 PM
From: Terrapin	Read Replies (1) \| Respond to of 3770

Sure, I write a great big post and look what happens! I haven't had time to fully write out what I am thinking but I did want to point out that the amount of disclosure required for an IPO is substantially greater than that required for all of the M&A work Tyco has done. If there is a site in Maine then they will disclose that fact. Tyco has always disclosed more than was required and more than nearly any other acquisitive company. But the bar is higher for an IPO. The chief complaint of the hedge funds was that Tyco was not disclosing the specific information that they wanted. Well, now they will have it. If it turns out that there was nothing there then they will have to live with the fact that they placed a vibrant, growing company under siege. Finally, there is no alternative to 'pro forma' when talking about the way a company will look in the future. If the company did not use 'pro forma' then they would be forced to leave that line blank! In all seriousness though, CC, I am glad you weren't short today. If you went short then let us know. My hostility is towards those that maliciously slander not those that post concerns and then stick around to discuss them. As for me I will likely lighten my load when the time is right because this is my largest single holding. My plan is to hold some through the spin-offs or until more information. Good investing, Terrapin