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

To: Terrapin who wrote (2836)	2/7/2002 7:00:06 PM
From: t2	Respond to of 3770

I was quite happy with the conference call but was unable to catch Kozlowski on CNBC. An interesting note about CNBC is that they are owned by GE which is in talks to buy CIT from Tyco. I don't think there was any conflict of interest. About the interview on CNBC: The impression I got was that many people had felt that CIT has lost a lot of value. What Koz made clear was that they cleaned up CIT and is better now. That might put to rest the idea that they won't get much for this unit. That leads to a higher TYC stock price, imho. Every long time short on TYC really has probably covered; makes no sense to stay short when all the news is out. Liquidity issues have driven this stock lower and without this being a near term concern, the sellers will be few right here. Remember, it is going up while the market in general is getting concerned about valuations and pro-forma earnings. I think we are headed to the mid 30s to 40 in a short time. Also noticed that something is causing the stock to spike up a bit afterhours; saw a bunch of trading going through somewhat higher than the closing price. JMHO>