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Technology Stocks : The Learning Company (TLC)

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To: Fred Fahmy who wrote (6034)11/7/1998 11:47:00 AM
From: paul richards  Read Replies (2) of 6318
 
dear fred, you're hopelessly a myopic naive investor, twisting posts & info to suit your needs.

in fact, the info i rec'd was half truth, 89m in calculating the loss.
so much for my sources...

tlc managed to capture the entire month Aug revenues, by closing the deal aug 31, and yet luckily enough to lower the o/s to 104m because the number of days the new shares were issued was only 32 days/91 days. if tlc hadn't closed the deal by that day, esitmates were doomed.

tlc burned cash and its reflected in a lowered cash bal. than simply the sum of q2 figure plus brod cash acquired.

pre factored a/r's are 90% plus of revenue figures, plus retail figures were lower
than expected, however, unexpected jump in europe & oem made it up, stuffing the channel with brod titles, just like they did with CW and Mindscape numbers.

pooling of interest allows tlc to simply add & subtract what ever they want from the financials...

and lastly foolish fred, tlc has 120m fully diluted shares,and keeps losing money now that's growth!
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