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

To: GVTucker who wrote (2610)	1/25/2002 2:03:04 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 3770

<<Fitch's rating for Tyco Capital is the same rating that they had for CIT before Tyco acquired the company, which would argue that the company is more the same than different>>I didn't mean to imply that TYCO had transmogrified CIT into something radically different - the world's largest goat herder or some such...just that value added operational improvement appear to have been made. More importantly, the high ratings belie implications of accounting chicanery. Fitch reads the news and the Enron disaster has sensitized ratings agencies, yet no impairment in ratings.

To: GVTucker who wrote (2610)	1/27/2002 1:40:39 AM
From: Jon Khymn	Read Replies (1) \| Respond to of 3770

NEW YORK (Reuters) - Money managers are dumping stocks, rejiggering portfolios and making emergency calls on company management as worries about fuzzy accounting methods and failing financial health mount on Wall Street. The stunning -- and expensive -- collapse of Enron Corp. (ENRNQ.PK) and subsequent jitters about conglomerate Tyco International Inc. (NYSE:TYC - news) have made investors who once were willing to overlook obtuse financial statements, unforgiving. Investors also have taken a harsher look at companies with rising debt levels. --snip-- dailynews.yahoo.com Wouldn't the CEOs be scared to see their company name mentioning along with ENE?