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

To: Tatnic who wrote (3379)	6/10/2002 11:54:45 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 3770

CC: agree on supports but you can normally get a good bounce from them the 1st time. Look @ the strong bounce here from the break of $10. A 15% gain if your nimble. It bounced $2 from the initial test of $15. A combination of short coverning and dip buying. IMO @ some point a big investment bank will step up to the plate with a sweet heart deal to save the company (hey they tried it with ene) and the stock will get a 30+% jump (although I expect the deal to actually be quite damaging to current shareholders). I don't know what the point and I don't think its $10. Around $8 this stock becomes interesting.