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

To: Michael Stavy who wrote (6210)	12/22/1998 12:25:00 PM
From: bc_mack	Read Replies (1) \| Respond to of 6318

MAT is paying $3 billion & change . . . for a company Paul Richards has implied should be worth less than $1 billion. I recall him saying, just a few months back when the stock price was in its teens (approx 2/3 its current price), that the stock was on its way to single digits. If, after a presumably thorough analysis by a herd of lawyers, accountants, bankers, etc., a well-established company like Mattel is willing to plop down $3 billion plus, I'm not sure Paul Richards deserves an apology for jumping up and down and saying that TLC should be a single-digit stock.