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To: Herb Fuller who wrote (386)	5/20/1997 6:23:00 PM
From: Gottfried	of 1894

Herb, re TLC: I've decided to stay away - even with the PE of 3+. Job cuts alone are not a bad sign (look at IBM a few years ago. They cut 30-40%). So we'd have to know the reasons, percentages etc. I think Mr Market hates TLC. GM

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