Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
It's apparent from these message boards that most of you know "stuff" about the stock market, fiber optic cable and Tycom. Sadly, I am not in that category. However, we did buy Tycom as an IPO at around $36 and have watched our investment plummet. We bought, because our daughter works for Tyco and we have so much faith in her success, we just KNEW that this would be a "winner". Except, we probably should have bought the Tyco instead. When we look at earnings and figures, we do not see a reason for this big drop in our Tycom stick. Have no idea how to predict if we should cut our losses or keep it. Any advice for an acknowledged dummy ????
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.