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Technology Stocks : The Learning Company (TLC)

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To: paul richards who wrote (6281)3/26/1999 8:10:00 PM
From: Obewon   of 6318
 
Paul, your fundamental problem is that you believe that the market ignores information (even speculative info such as you pushed last year) and acts in a logical manner to the release of "new info". Yes, you were proven correct concerning the acquisition charges however, the possibility had already been built into investors expectations.

An added benefit of the merger to TLC is that I believe that upon change of control of the company the remainder of TLC's convertible debt can be exchanged for common shares even though it hasn't reached the conversion price. This may result in additionaly dilution but eliminates the debt.

Obewon

PS Are you involved on the MVIS thread over on the Yahoo! boards?
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