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Technology Stocks : The Learning Company (TLC)

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To: paul richards who wrote (5936)	10/28/1998 8:24:00 PM
From: Fred Fahmy	Read Replies (1) of 6318

Some false or misleading short hype from Paulie: 1) In response to why the short position has gone up over the last few months "how many times did I warn TLC investors about the convertible share or debt deals using Reg. S? one of the effects would be large short positions in TLC..." 2) Suggesting that TLC cooks the books "TLC doesn't miss, they just engineer the numbers..." 3) Regarding Q3 "fudge time req'd for q report..." 4) Regarding pre-announced layoffs due to synergies from merger "obvious conformation of a flawed business plan. re structuring costs are a sure sign of poor revenue performance. now all that's left is to wait for lowered estimates..." 5) The exact type of rumor spreading that the SEC is going after "BTW: islandflyer is reporting TLC is discussing with SEC about its charges and has delayed any filings...is this true?" 6) Again suggesting that TLC is doing something abnormal with the books "TLC is strictly a financial engineering company" 7) One of Paul's favorite quotes with implies that TLC is in the habit of witholding information with is of material importance "it's what TLC isn't saying that counts"... 8) Continued references to channel stuffing with no evidence or sell-thru data "TLC got caught with stuffing the channel in the spring, so June & July they had to bail out retailers." 9) More blatant lies and negative hype "TLC loses distribution of clue finders" 10) More lies and misinformation, in fact ML initiated coverage with their HIGHEST rating "ML is warning the street not to expect good numbers. you can expect others to start to warn also." Where are all these other "warnings" <ggg> 11) More ridiculous logic and misinformation for the king of negative hype "if brod dropped 25%, then TLC's numbers will be 25% less..." 12) More unsubstantiated shortie scare tactics "I bet TLC is secretly talking down expectations for Q3..." 13) More lies "after 11 acquisitions ytd, tlc is losing mkt share" 14) More lies. TLC did not withold information, Governman simply didn't understand the data he had "tlc pissed off J.Goverman with incorrect info, so he let lose." And all of this crap is just from the last two months..... It's a good thing you are just trying to get the truth out and warn investors....ROFLMAO!! P.S. Thanks for all the laughs. FF

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