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Re: jenna post# 6334

Monday, 07/08/2002 12:52:11 PM

Monday, July 08, 2002 12:52:11 PM

Post# of 25232
TYC- Jenna, The way I see it it appears that TYC will ahve to write off another $2bil or so for the poor reception on the CIT IPO. That and that they still have a tremendous amount of goodwill on the books and I think we may see some more surprises. I have gotten to a point where I don't trust anything this comapny says and every line must be read between. Looks like they just paid too much for some of these companies and I think the stock prices are show it. With as much press this company has received I bet big money has looked it over well. If there was much there they should have responded better to the IPO since that was what was suppose to be their big hang-up.

JMO, Joe


Joe

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