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

To: Trader Dave who wrote (5325)	8/16/1998 11:40:00 PM
From: paul richards	Read Replies (2) \| Respond to of 6318

I'll make it even easier for you: just get TLC to use the phrase 'net revenues' on the op stmt. as we all now know, claiming that financials were based on gaap is a joke. ie., sunbeam, cendant, livent, etc as for the rest of your post, what's the use? revenues can be made to look good, reserves can be treated differently, eps is another wild card, because TLC will takes advantage of the lagging effect in calucaluting O/S, which artifically boosts eps. all I want is for investors to realize how the game is played and how they are being taken, afterall, I remember the last time SKEY was hyped to $55. and did any anyone warn investors what was wrong? Finally, our discussions will become academic by tomorrow as a result of zippergate, asian mkts will continue to retreat, russia has collapsed, germany will suffer, england has slowed, s.america is sick. The president will loose control, and unable to lead a confident rebound. The US will soon understand the flipside of the wealth affect, and TLC will fall with the rest of the mkt, but even more so because of the triggering of all the convertible share hedges. Then TLC will blame the failure of executing the forecasts because of it. BTW: ever wonder why the US is concerned about Japan? becuase the US mkt is so stretched that failure of US co's making profits will deflate it like Japan, 70% down 10 yrs in recession. DO the Japanese really care? no, becuase they view it as part of an economic cycle, and eventuaaly it will recover, so the use of public funds to bail out corporations is of no use.