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


To: Carmine Cammarosano who wrote (4398)4/5/1998 10:22:00 PM
From: Fred Fahmy  Respond to of 6318
 
Carmine,

It should be clear by now that arlequin fool doesn't know very much about the stock market. Thus his continued misreading/misinterpretation of TLC option activity. This is on top of not knowing much about accounting or understanding TLC's strategy. That's why he is losing his shorts (pun intended) <GG>. I haven't seen anyone as clueless as fool since Prichards stopped posting. Prichards was perhaps the only other person who demonstrated such a misreading of TLC. What ever happened to Prichards anyway?? I guess he is too embarrassed to show up around here given TLC's strong showing. As far as fool is concerned, I think we should simply leave him alone to lose money in peace. He's had plenty of chances to cut his losses and we've done our best to help a fellow investor.

In the interest of disclosure, I did take profits during this latest run-up. I still think TLC is a great company with a bright future but I wanted to raise cash for other opportunities and I was hoping for some pull-back. So much for trying to time the market <GGG>. If TLC pulls back at all, I will be back in.

Take care and good luck,

FF



To: Carmine Cammarosano who wrote (4398)4/5/1998 10:29:00 PM
From: arlequin fool  Read Replies (2) | Respond to of 6318
 
not!

BTW fans, ever wonder what TLC did with the $67m return allowances ?

------------------------------------------
Charged
Balance at to cost Charged Balance
beginning and to other at end
of period expenses accounts Deductions(1) of period
---------- ---------- -------- ------------- ---------

<S> <C> <C> <C> <C> <C>
YEAR ENDED DECEMBER 31, 1997
Allowance for returns and
doubtful accounts $15,191 $67,773 -- $(53,738) $29,226



THEY ISSUE CREDITS BACK TO CUSTOMERS ! how much ? $53.7M there goes uncle tom's upside theory on the high returns....