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


To: geoffrey Wren who wrote (3245)4/29/2002 2:01:01 PM
From: Paul Senior  Read Replies (1) | Respond to of 3770
 
I am guessing that many people whose companies were bought by Tyco and who kept TYC shares, have now become sellers. For example for CIT holders (I was one) it seemed almost easier to keep TYC shares than to sell them because although TYC was a complex and difficult company to understand, the shares were on an uptrend.

And I agree - it is a concern that TYC can be some sort of trap for value investors, like RAD became.



To: geoffrey Wren who wrote (3245)5/1/2002 8:15:13 PM
From: BMcV  Read Replies (1) | Respond to of 3770
 
Flavor of Rite-Aid, indeed:

TYC's debt /equity ratio is 1.8

GM's is 8.4

RAD's is 422.

TYC's EBITDA was $5.3 Billion

GM's $10 Billion

RAD's ($372 Million)

If you have lots of debt, little equity, and negative earnings, that's serious trouble. TYC is miles away from that situation.