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Technology Stocks : The Learning Company (TLC)
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To: Thomas C. Donald who wrote (6260)3/6/1999 4:46:00 PM
From: Doughboy  Read Replies (1) of 6318
 
Warning Warning

TLC shareholders are about to get screwed by Mattel. Mattel announced yesterday that they are going to delay the closing date of the deal until May because of alleged delays in getting through SEC approvals. Of course, it is purely happenstance that this will give Mattel another month to prop up its stock over 27.5 so TLC shareholders will be denied the 1.2:1 exchange ratio.

Doughboy.
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