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

To: Carmine Cammarosano who wrote (6208)	12/22/1998 12:50:00 AM
From: trilobyte	Read Replies (1) \| Respond to of 6318

nope! TLC implicitly admitted that its business plan was flawed by selling out to Mattel. It ran out of companies to acquire... and therefore looked for a suitor who needed to take a few big one time charges for a few Q's to hide bad results. I guess in retrospect, the lone short on this thread will have been "more right" about the true value of TLC than the herd of bulls. Of course the bulls were right about the direction the stock would go (i.e., up), and that's what's important if you were long! but fundamentally, I think alot of longs on this thread (including myself) should feel both betrayed (if you really believe in the long's rethoric) and relieved (in view of the fact TLC protected the downside on its stock by being acquired). It could've been pretty ugly a few Q's down the road for TLC. By the way, to use an overused word: I see no synergy whatsoever between TLC and MAT. Trilobyte