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Technology Stocks : The Learning Company (TLC)
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To: Carmine Cammarosano who wrote (4398)4/5/1998 10:29:00 PM
From: arlequin fool  Read Replies (2) of 6318
 
not!

BTW fans, ever wonder what TLC did with the $67m return allowances ?

------------------------------------------
Charged
Balance at to cost Charged Balance
beginning and to other at end
of period expenses accounts Deductions(1) of period
---------- ---------- -------- ------------- ---------

<S> <C> <C> <C> <C> <C>
YEAR ENDED DECEMBER 31, 1997
Allowance for returns and
doubtful accounts $15,191 $67,773 -- $(53,738) $29,226



THEY ISSUE CREDITS BACK TO CUSTOMERS ! how much ? $53.7M there goes uncle tom's upside theory on the high returns....
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