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

To: Paul Senior who wrote (3342)6/3/2002 8:50:55 PM
From: cornbread  Respond to of 3770
 
Oversold? I say yes. Looking for a nice rebound of a few dollars by end of week.



To: Paul Senior who wrote (3342)6/3/2002 9:21:26 PM
From: Tatnic  Respond to of 3770
 
tanks....

Its been a while since I studied probabilities and statistics....my guess is one can gage somewhat the probability of tyc hitting single digits, by the amount of put premiums on otm strikes.



To: Paul Senior who wrote (3342)6/4/2002 5:07:47 PM
From: Paul Senior  Read Replies (3) | Respond to of 3770
 
I've added more to my TYC position today.

TYC may not be a screaming buy; it may have more skeletons in the closet; and the stock may not be at a bottom. But when some of the country's best value managers say they have recently been buying, that is a good enough sign for me to consider increasing my position as well. Especially now when I can buy at prices lower than what these fund managers have been paying.

Paul Senior


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