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Technology Stocks : Microprose, MPRS

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To: Mike McFarland who wrote (619)	7/25/1998 1:16:00 AM
From: Not a Short	Read Replies (1) of 633

To all: I seem to remember someone making a big ruckus about rebate redemptions. Claims were made that they would be much higher than the 20-25% that TLC held reserves against and that it would wreck the earnings estimates. hmmm... Listening to the conf call I hear that rebate redemption rates are in the mid to upper teens. Last time I checked that math that meant less than the 20-25% they held reserves for. Sounds like to me the big rebates that everyone worried about aren't a factor.

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