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

To: SPSEIFERT who wrote (3551)	7/26/2002 8:26:32 AM
From: Sidney Street	Respond to of 3770

Here's one long time SI member's take on Breen, from an October post on the MOT board; my optimist's take on getting Breen is that he got a preview of the Boies report, which didn't point to wrongdoing beyond the petty (if 7 figures can be petty) greed of Koz and his general counsel; and he also had to be sold on the underlying financials. Certainly his domain experience at Gen. Inst. and MOT will be very good for dealing w/ TYC Electronics and Cable: >>>>>>>>>>>>> I believe the installment of Ed Breen in the top spot will dismantle any beauracracy left in the company. He is a winner, and this company needs to have a winner they can believe in. So, yes, I believe MOT is turning it around. What I'm excited about is the potential defense contracts they should win. I own MOT via their acquisition of a profitable little company BWSI. I added to my MOT position the day Breen got elected in. >>>>>>>>>>>>>