The Learning Company (TLC) Message Board

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Technology Stocks : The Learning Company (TLC)

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To: Thomas C. Donald who wrote (5236)	7/28/1998 10:36:00 AM
From: paul richards	Read Replies (1) of 6318

thank you for the info. Let's make it perfectly clear, and if what your saying is true, I will never ever post again. (too bad for me?) I know the sec filings on revenue states TLC will use it's best efforts based on history to determine returns & allowances and take deductions at time of delivery, but if they have already netted them why not clearly say net revenues on the op stmt? and why do they deduct them vs receiveables again on the bal stmt? that would be deducting for them twice. I hope I'm wrong, and if so I would change my outlook on TLC. good luck

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