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


To: JDN who wrote (3266)4/30/2002 1:00:35 PM
From: Logain Ablar  Respond to of 3770
 
JDN:

Well today looks like a good reversal day TA wise. Hopefully $15 is the new bottom. I agree there are some valid franchises in this company that are generating good cash flow (I just don't like some of the way mgmt presents #'s but there are a lot of things I don't like with many different companies management).

It looks like when I posted was the time to buy but for now this is just a short covering rally. You will still need to have a successful retest and that will depend on CIT proceeds and market (which is also in a snap back short covering mode from over sold conditions).