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

To: Deep Six who wrote (6289)	4/10/1999 3:40:00 PM
From: Carmine Cammarosano	Read Replies (2) \| Respond to of 6318

biz.yahoo.com. what would happen to TLC stock price if the deal doesn't go through?

To: Deep Six who wrote (6289)	4/12/1999 11:56:00 AM
From: Doughboy	Respond to of 6318

IMO, there is little risk to this deal. TLC is the only bright spot in Mattel's line-up. It's an expensive acquisition, but Mattel would be relegated to the trash heap of financial history if they don't do it. Anyway, they got TLC pretty cheap. I would be surprised if TLC lost much if the deal falls through (20-30% at the most, and that could easily be made up by TLC on its own by the end of the year). As for whether we get a 1.2 ratio for TLC shares, or something less, I'm getting pretty confident that Mattel is not going to be able to push their price over 27, let alone reach 33 (where a 1 for 1 ratio kicks in). I assume the roadshow is underway already by Mattel, and given the lack of credibility the Street gives to CEO Barad after the disastrous and misleading Q4 guidance, it's near impossible for her to simply talk the stock up 10%. If TLC gets above 30, I will probably sell--I'm just looking for a respectable place to exit this pitiful investment. Doughboy.