SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The Learning Company (TLC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred Fahmy who wrote (6216)1/7/1999 10:18:00 AM
From: Obewon  Read Replies (1) of 6318
 
I wouldn't go that far Fred.

Yes, Paul has it in for the company but he has raised some issues that should be considered by EVERY investor here.

1) Please read the article on the Techweb site about how Network Associates is getting hosed by the SEC for writting down in-process R&D when it made acquisitions. Essentially, even though it was an accepted business practice at the time (just last summer), the SEC is RETROACTIVELY applying its new interpretation to past year's books. TLC has tremedous exposure to this.

2) Lee, Bain and others practically control the Board and they are investment banking professionals. They probably sqeezed as much from the deal as any buyer would pay.

OB

BTW: I dumped all my shares the day the deal was announced.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News