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Technology Stocks : The Learning Company (TLC)

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To: Thomas C. Donald who wrote (6116)12/2/1998 9:13:00 AM
From: Thomas C. Donald   of 6318
 
Acquisitions of companies such as Palladium are GREAT!!!

Like others recently, Palladium was purchased at 1.0 times sales. TLC has a track record of increasing such sales by at least 50% via its superior marketing and distribution capabilities. Given at least a 70% gross margin, TLC can pay for acquisitions like Palladium in a year. Remarkable!
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