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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (52923)	6/7/2002 3:14:57 PM
From: stockman_scott	Respond to of 65232

Tyco Not As Appealing To JP Morgan 11:16 (Dow Jones) J.P. Morgan says it can "no longer recommend purchase of Tyco (TYC), no matter how much value we see in the assets, until we have some facts regarding the improper use of corporate funds and the possibility of poor controls and corporate governance." Firm cuts stock to market performer, but is somewhat hopeful. "Indeed, as a long-time bull, it may be that our capitulation represents an absolute bottom on the stock," it says. "For our investors sake, we hope this is the case." (RJH)