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Author
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Topic: TyCom (TCM)
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InvestorGuide Daily Administrator
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posted 07-27-2000 06:21 PM
Fiber optic firm TyCom (TCM) priced at $32, opened at $38, closed at $36, and raised $2 billion. |
Econobob
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posted 07-16-2000 12:18 PM
TyCom IPO: Tyco will offer $43,500,000 shares to the public with an anticipated public offering price of between $26 and $30 a share. Tyco will own indirectly approximately 91% of the outstanding common shares.I received this information in a Reserved Share Program sent to me from merrill Lynch with a preliminary Prospectus. I have reserved the maximum amount of shares allowed. |
tolea
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posted 05-15-2000 11:50 PM
I read somewhere that the IPO will be priced in the neighborhood of $20-$25 a share. Has anyhone heard of a date that has been set for it? Apparently, TYCO will still own 80% of the company. How's that for "institutional ownership"? I guess company execs really believe in the prospects for the business that TYCOM will do.... |
smario
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posted 04-19-2000 09:33 AM
I assume you are referring to TyCom...And it has some very high-profile competition in the form of Global Crossing and Flag Telecom Holdings. |
tolea
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posted 04-18-2000 10:48 PM
From the little that I know.....Tyco has very little competition in the undersea telecommunications cable business. I wonder what the IPO will come out at ($)? Are they still in the "application process"? |
tolea
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posted 04-18-2000 10:38 PM
If I'm not mistaken here......TYCO has very little competition in the undersea cable business. |
Mayor of Investorville Administrator
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posted 03-14-2000 12:06 PM
TyCom is tying together terrestrial telecommunications from six continents. The firm, which has already installed more than 217,000 miles of undersea cable for other companies, designs, manufactures, and installs undersea fiber-optic cable and conducts bandwidth expansion research. In a quest to become the world's largest owner/supplier of undersea fiber-optic bandwidth, it is building the TyCom Global Network (more than 155,000 miles when it's finished). It plans to market capacity wholesale to telecom companies worldwide. TyCom is the holding company for the undersea cable operations of diversified manufacturer Tyco International, which will retain a controlling stake in the company after it goes public. It plans to raise $1 billion and go public soon, although an official date has not yet been set. (source: SEC filing) |