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Technology Stocks : The Learning Company (TLC)

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To: Zirdu who wrote (6094)11/20/1998 11:03:00 AM
From: Trader Dave   of 6318
 
before messing with vivendi, you need to ask the following questions:

Whayt percentage of revenues is the software division?

Second, keep in mind that cendant software overall includes a very large games business. Although there are big sellers in games, it is a very cyclical business and a lot less stable than education, reference or personal productivity.

Based on the impact to Vivendi's earnings, I suspect the cendant business is not material enough to warrant a Vivendi investment even if it were possible.

TD
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