Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Murrey Walker who wrote (53331)	6/28/2002 8:43:01 PM
From: Voltaire	Read Replies (3) \| Respond to of 65232

Hi Murrey, Hope you are doing well. This is no defense just info. On CNBC's "Taking Stock" segment, a caller asked Putnam Fund Manager what she thought about Tyco. She replied that she didn't see how the sum of Tyco's businesses could be valued at anything less than $30 a share. Went on to say the it looks like all Dennis Kozlowski's alleged crimes were personal matters and not Tyco matters. Tyco will earn almost twice as much as GE at about half the price and has about three times the book value. Year over year growth of about 30%. PE about 4.5 and Industry about 16 and about 4 billion a year in positive cash flow. Main point is that the SEC was looking at TYCO two years ago and cleared them. Their CEO was an angle shooter but that does not mean he didn't make share holders money. Three powerful occurrences in near future. Announcing new CEO, CIT IPO, and powerful earnings mid July. In addition upgrades of credit after IPO and pay down of debt. Good to see you still hanging on this old porch. Vster