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

To: blankmind who wrote (2829)	2/7/2002 3:12:55 PM
From: puborectalis	Read Replies (1) \| Respond to of 3770

Is the underwater Tycom division a loser ala GX?....what do you think of Jack Welch brokering the CIT deal?

To: blankmind who wrote (2829)	2/7/2002 3:16:15 PM
From: GVTucker	Read Replies (1) \| Respond to of 3770

Maybe it isn't that simple. Everyone talks about what great value exists in CIT. Funny how no one is breaking down TYC's doors to buy it. Most of the bullish analysts have bandied about 4 names that will compete for CIT--AIG, GE Capital, UPS, and FleetBoston. On their earnings conference call yesterday afternoon, AIG stated that they had no interest at all in CIT. This afternoon, UPS says the same thing. Zero interest. A bidding war is slowly turning into a distress sale. And note that CIT is one of TYC's plum assets.

To: blankmind who wrote (2829)	2/7/2002 3:37:07 PM
From: Dave Gore	Respond to of 3770

Briefing on TYC Updated: 07-Feb-02 15:00 -- 16:00 ET (Updated throughout the hour) Tyco Intl (TYC) 28.45 +2.45: -- Before Open -- Following TYC's conference call yesterday (in which mgmt indicated it expects to have $1.5 bln of excess cash on their balance sheet over the next 12 months), analysts defend TYC against accounting accusations. UBS Warburg maintains their Strong Buy rating and reduces their price target to $57 from $73. Wachovia Sec remains aggressive buyers at these levels, with a price target of $80 on a break up basis and $65 as a going concern; firm rates TYC a Strong Buy. Salomon Smith Barney believes TYC has sufficient liquidity to operate over the next 12 months; lowers their price target to $45 from $75 and rates the stock a Buy.