The Learning Company (TLC) Message Board

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Technology Stocks : The Learning Company (TLC)

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To: Thomas C. Donald who wrote (6158)	12/14/1998 12:07:00 PM
From: Doughboy	Read Replies (1) of 6318

Mattel is currently trading at 23-5/16. Under the terms of the deal, TLC should be trading at $28. There goes the premium. I'm shocked at this deal. To me, it is complete surrender by TLC management. The analysts out there have extolled TLC as a 36-40 dollar stock on its own; what possible advantage is achieved by selling to a slow growth turkey like Mattel, which just announced slow sales during its hottest selling season. Admittedly, I have very little money in TLC (having been ground up first by the Broderbund-TLC deal), but this sell-out burns me up. There must be something ugly in TLC's future to have waved the white flag like this. Doughboy.

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