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Tyco International Ltd. Message Board

  • hotpanera2 hotpanera2 Dec 27, 2002 8:52 AM Flag

    Another Crazy Prediction

    The Street.com, per Peter Eavis predicts Ge goes to 15 in 2003, and Tyc will file bankruptcy, absent unprecedented assistance from the banks. Sounds like a buying opportunity.
    http://www.thestreet.com/_yahoo/markets/detox/10059522.html

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    • i wonder why that piece of shit eavis never mentions that tyco already has 7B in the bank...which leaves a "crushing" 5B left to be repaid...he also fails to mention that tyco will generate between 2.5-3B free cash flow conservatively...which leaves 2.5-3B "crushing" debts...tyco has nopt laid off any substantial amount of employees...there are a million things tyco could do to bridge this gap...they could sell an asset...or just refinance, which is what they are doing...this guy is an unbelievable distorter of truth

    • >>In keeping with TSC's editorial policy, Peter Eavis doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback and invites you to send any to peter.eavis@thestreet.com.<<

      Bull Hockey!

      Taking those things off the table leaves you with the observation the guy is just a gossipy attention-seeking liar. A groupie. A roadie.

      Might as well listen to his opinion about the growth rate of Swedish Moss. It is a valid as anyone elses.

 
TYC
42.22+0.66(+1.59%)Apr 17 4:05 PMEDT

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