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Technology Stocks : The Learning Company (TLC) -- Ignore unavailable to you. Want to Upgrade?

To: Bulldozer who wrote (4388)	4/4/1998 4:01:00 PM
From: arlequin fool	Read Replies (4) \| Respond to of 6318

$100m is only on paper, if you accept all TLC assumptions. 1) why only today, Barron's asked a pension fund manager about TLC's rebate program: his comment "if rebate redemption is more than 25%, then TLC's earnings are overstated" 2) then there's the $70m odd m in total return & doubtful accounts for the yr. is that reassuring enough for you? what about this new trend in retailing? retailers now starting to offer consumers the full rebate at the point of sale as a service and claim the rebate on their behalf.... does that now effectively exceed that earlier assumption of only 25% rebate redemption rates? with regard to that option volume, the warrant holders are not restricted from hedging, you have to accept that fact. (it's only the conversion) and if it isn't the warrant investors dumping now who is? BTW interesting enough reading the last filing.... TLC mgmt has 30 days to exercise their options about 1,000,000. coincidental?