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

To: BMcV who wrote (3278)	5/2/2002 10:02:52 AM
From: Joseph Francis Torti	Respond to of 3770

Yes I believe you are right. That's why I think selling CIT is a way to sneak making a high Goodwill to make an already bad balance sheet not worse. This way if they sell CIT then they can fix that without people who have limited knowledge reading financial statement. If they had said Goodwill was 10 billion the Debt/equity would have been bad and the stock probably would have been worse. This way they buy time to sell CIT to get rid of the high Goodwill. Joe the loser