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

To: blankmind who wrote (2841)	2/8/2002 8:02:57 AM
From: GVTucker	Read Replies (3) \| Respond to of 3770

Even before the recent negative guidance, there was no way that TYC was going to get to $4/share unless your calculation of "normalized" cuts out things like COGS and interest expense. I don't hear anyone maintain that TYC is doing everything wrong. They certainly aren't doing everything right, either. Kozlowski noted yesterday that buying CIT was a mistake. Note that I said the same thing on this thread a couple of weeks ago and was accosted by some. Next mistake--buying Tycom. Tyco bought out Tycom at a premium just a couple of months ago. Yesterday Tyco cut 44% of the jobs at Tycom. No way that business is worth today what Tyco paid for it. Tyco made a wise business decision by spinning off Tycom. Tyco should have let Tycom live or die on its own. Companies like AMP. ADT, and Raychem were within the sphere that Tyco could do well. CIT, Tycom, and Paragon are not within that sphere. And since the latter three companies were acquired, the stock has performed poorly.

To: blankmind who wrote (2841)	2/8/2002 8:03:18 AM
From: t2	Read Replies (4) \| Respond to of 3770

with "normalized" earnings of $4 or so, the shorts are going to be hard pressed to keep the stock under $80 unless something really negative sticks Maybe that is why the stock is going up in the face of very negative days on the market in general. Once the liquidity issue is put to rest and CIT is sold, Tyco is going to be in a position to buy back a lot of shares too. The information in my last post--reference to someone on yahoo msg boards really sums it up well. Now, the shorts are looking at $30 as a key barrier; I don't expect it to be. Lets see if it is today or monday before this level gets taken out. jmho.