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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (1299)	12/15/1998 4:12:00 AM
From: Frodo Baxter	Read Replies (1) \| Respond to of 2025

>Last year, I was buying titles for 15.99 with a $15 rebate. That was Learning Company software for my kids. I see they are now being bought by Mattel. That's an interesting merger, but don't see where it will help TLC very much. I've never been very impressed with TLC. Last time I looked at them closely, they were full of debt and were basing their strategy on using projected future cash flow to pay it down. Then they bought Broderbund and swapped out some debt for preferred equity. Hmm. Suspicious, eh? Stock went up anyway. This Mattel/TLC linkup is pure idiocy and Wall Street knows it. Too many blue chips are pre-announcing for the market to go any higher. And what's with this silly trend announcing M&A transactions concurrently with earnings warnings?