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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (12551)6/7/2002 8:37:06 AM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
TYC possibly the next Enron:

"Jeff Matthews
When Bad Things Happen to Bad Companies: Tyco Debt Blowing Out

6/07/02 08:20 AM EDT

Tyco debt is blowing out: Tyco paper is 1000/1200 over and, even worse, CIT paper is 450/500 over (worse because a finance company cannot survive with a cost of capital that high).
As The Lizard King sang, "When the music's over, turn out the lights."

Tyco puts."