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Technology Stocks : The Learning Company (TLC)
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To: Fred Fahmy who wrote (6224)1/8/1999 3:59:00 PM
From: paul richards  Read Replies (1) of 6318
 
you got lucky by profiting by the hype, before the story ends.

sure some traders always make money, but not the poor dupe who's been told to be in it for the long term.

tlc business plan was flawed yet no one cared to see thru it.
tlc's strength was its hyper spin, and the greater fool theory at work.

tlc spun outrageous forecasts for profitability, by acquiring companies, then discounted all the new titles to boost apparent revenues.
everytime the acquisition had to be bigger, until there was none left, so they bailed, even giving mat 15m options at $0.01 to do it.

tlc mgmt is out yet these same individuals are holding a stock that will collapse.

yeah, tlc was a great op...for insiders.
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