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


To: Dow Jones Reporter who wrote (5693)9/16/1998 11:33:00 AM
From: Thomas C. Donald  Read Replies (2) | Respond to of 6318
 
The short interest as of mid-September will probably be published early next week. As of mid-August, there were approximately 7.8 million shares short out of a total of 105 million shares for TLC and BROD combined. Approximately 7% short -- a relatively small percentage compared to early 1997.

These numbers included arbitrage positions in which TLC was shorted to buy BROD or TRD (Tribune's debt exchangeable for TLC common stock).