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

To: Trader Dave who wrote (5178)	7/24/1998 12:01:00 PM
From: Trader Dave	Read Replies (1) \| Respond to of 6318

To all: Take a look at this post from a prior "trial member" Message 3994425 The language of the "fool" seems mighty familiar. welcome back, fool.

To: Trader Dave who wrote (5178)	7/24/1998 12:11:00 PM
From: Paul Frantzis	Respond to of 6318

aeokos is just pretending to have a long bias, so he can distribute his/her negative opinions and make them seem like a fearful long. Yes, nailed it. Rather transparent and amusing, albeit in a pathetic way, isn't he?

To: Trader Dave who wrote (5178)	7/24/1998 12:19:00 PM
From: Maya	Respond to of 6318

Look at the profile of PR and aeokos, they have common interest in shorting the same companies. I thought you'll would have guessed by now that it is PR posing with these different identities.

To: Trader Dave who wrote (5178)	7/24/1998 12:24:00 PM
From: aeakos	Read Replies (2) \| Respond to of 6318

Your quite touchy this morning? I read the june 22/98 Piper Jaffery report which used 79.9 O/S and Bear Sterns' June 4 report which used 83.4m O/S. Check it before you make unfounded remarks about me. I'm just suggesting this is a disappointment on what were obviously much higher expectations. It's the same old adage, buy on rumour sell on news. On another issue, I believe that TLC should have done much better after buying 8 companies since last year. What it does signal is that all is not well, when you try to determine the organic growth. If this is correct, how can TLC ever become profitable, (Johnny Dollar was insightful)? good luck to anyone.

To: Trader Dave who wrote (5178)	7/25/1998 2:12:00 AM
From: Not a Short	Read Replies (1) \| Respond to of 6318

Well Paul, Fool, henry, gianelda all say (or is it just he said) that TLC didn't use enough shares to figure EPS. TLC used 74M when it should use 83M, it used 54M when it should have been 68M (or whatever their claims were). This time the conference call clearly stated the number will be near 110M because the BROD deal is a "pooling of interests". Note that "pooling of interests" is an accounting term not an attitude. You can't just say that TLC changed their minds on how they will deal with the share count. The rules are laid out well in advance of the deal. Everybody does their accounting in the same general fashion and you'll just have to find something else to complain about if the share amounts are maxed out the next time earnings come around. I also seem to remember someone making a big ruckus about rebate redemptions. Claims were made that they would be much higher than the 20-25% that TLC held reserves against and that it would wreck the earnings estimates. hmmm... Listening to the conf call I hear that rebate redemption rates are in the mid to upper teens and won't increase much at all in the next 6 months. Last time I checked that math that meant less than the 20-25% they held reserves for. Sounds like to me the big rebates that everyone worried about aren't a factor. The free product rebate (with competitor's product return) didn't ruin the earnings this time around and won't next time either.