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Technology Stocks : The Learning Company (TLC)
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To: Greg R who wrote (5110)7/19/1998 3:12:00 PM
From: paul richards  Read Replies (3) of 6318
 
do you mean, you've invested in TLC, not knowing that CUC grew by acquisitions of sierra online, davidson and other edutainment software co's like TLC has?
that CUC used to 'bend the rules' on rebates, revenue credits, write downs, or capitalizing expenses ?

that 'edutainment' co's were easy take over targets because the industry was & is shrinking,were losing money and the only way out is by share exchange buyouts?

or that TLC suffered similar indigestion about the quality of earnings and it's accounting the last time it acquired too many companies ?

or the warning in the article to investors about analysts turning a blind eye to aggressive accounting or more politically correct, they are not forsenic accountants ? (ie., not to be held responsible for misrepresentation of earnings)

or that TLC is one of those companies that is facing the mounting pressure to perform to expectations, now that O/S will be 110 m shares?

take your pick and good luck, & remember tribune is not selling its shares.
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