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

To: paul richards who wrote (5195)	7/28/1998 10:26:00 AM
From: Thomas C. Donald	Read Replies (2) \| Respond to of 6318

Paul: TLC's Finance Department says in no uncertain terms that TLC and Broderbund use the same Generally Accepted Accounting Policies (GAAP) when accounting for returns. Both companies book revenues net of returns and allowances. Both companies book rebate expenses in the Sales and Marketing line of the Income Statement. If any one has any questions about this or any other issue, they can call John Suske, Director Investor Relations, at (617) 494-5816.