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Technology Stocks : SOFTKEY=MERGER MANIA

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To: Obewon who wrote (964)3/21/1997 11:51:00 PM
From: zTrader_77   of 966
 
That's what I counting on. TLC can move as we all know, but its been all downhill for the past few months. Last year at this time, the stock doubled in one month. Looks like the "smart" money is moving in - 1MM block, 261K block, etc. If TLC can pull off a good quarter than all the houses will upgrade. Even Cowen which threw in the towel with Broderbund might issue a strong buy on TLC (that would be sweet) This next quarter should be the key quarter for the stock movement in the near term. The 1st quarter is always the slowest month with retail sales so now is TLCs chance to show the investment community that the other channels are truly taking up the slack. TLC sure showed up Broderbund and the analysts by not lowering their prices. Maybe that's why TLC is punished so much --TLC's management is smarter than the paid professional analysts. Retail share, retail share, that's all they were proclaiming after the last conference call but look what happened to BROD..higher retail share but lower profits and margins.

Down but not out, YET!

Have a good weekend,
Kirby
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