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Technology Stocks : The Learning Company (TLC)

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To: Maya who wrote (5091)7/16/1998 9:34:00 AM
From: Thomas C. Donald  Read Replies (2) of 6318
 
There was an interesting SEC filing regarding TLC stock owned by Tribune this morning. Tribune is borrowing money and using approximately 5 million shares of TLC stock for collateral with the lender being able to participate in appreciation in the stock's value. This certainly constitutes a vote of confidence in TLC and will give TLC even more exposure among potential investors.
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