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Technology Stocks : The Learning Company (TLC)

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To: Thomas C. Donald who wrote (5265)7/31/1998 5:39:00 PM
From: paul richards  Read Replies (1) of 6318
 
regarding our earlier debate #5107, whether or not trib is selling tlc,

a quote from today's press release:

''This offering is part of our ongoing strategy to liquidate part of our portfolio on a timely basis,'' Donald C. Grenesko,
Tribune senior vice president/finance and administration, said.


so Trib is selling tlc!

in summary ytd, the spring run up in hype has resulted in
trib bailing out, some insider selling, loomis buy of debt for shares,
and some cdn institutions holding convertibles.
who paid for all this?
the individual investor who bought into the analysts' hype.

why the sell off? see these posts #5130, #5185
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