Tom, thanks for the stats. After looking at the stats, I went back and looked at the Motley Fools conference notes and the TLC 4th qtr report, issued on February 6th. That was only a little over a month ago. Perhaps I am trying to excuse TLC for not issuing more info, considering how bad their stock has fared, but there were a lot of positives in that report.
Positive points from the 4th qtr reports.
==> $110 million in cash.
==> convertible debt reduced by $8 million. (tis better than nothing)
==> Strong internal development ... will bear fruit in 1st qtr.
==> First educ software pub to ship dvd and mmx.
==> In online area, new version of Oregon trail.
==> In March, will launch MayaQuest Internet Learning adventure.
==> Also scheduled 1st qtr, six branded TLC titles.
I would still like an update of how things are going, considering the stock price drop. But, in the past, very few of the stocks that I've owned have come out with monthly "feel good" news releases. Perhaps the President is responding by saying, "Hell, I just told 'em how everything was going on Feb 6th!"
Hopefully the Interenational sales and the Direct sales will take up some of the slack of a slowing US market, if it really is slowing significantly.
Regards, Bob |
