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In lugnet.off-topic.debate, Scott Arthur wrote:
> In lugnet.off-topic.debate, Thomas Main wrote:
> > In lugnet.general, Scott Arthur wrote:
> > > > This article suggests that TLC is willing to mislead for the sake of saving
> > > > their reputation and then deny their intentions:
> > > >
> > > > http://www.praguepost.com/P03/2003/Art/1218/busi3.php
> > >
> > > T,
> > > can you double-check this link; it does not work for me(?).
> > >
> > > Scott A
> >
> > Hmmm...it works for me. I also tried going to the main page
> > (http://www.praguepost.com) and entering "lego" in the search box. Anyone else
> > having difficultly viewing the article?
>
>
> Works for me now! Thanks.
>
> I liked this:
> "The company said the firings were necessary due to thin business this year and
> that it expected continuing weak performance in 2004. Lego employs 8,000 people
> worldwide."
>
> Obviously, the company will move into profit once news of the changes in the
> colour pallet filters through to consumers.
Yep. With the US being a large market for LEGO, I wonder how much the weakness
of the USD is affecting TLC ? I'm sure there are all kinds of hedges and plays
to protect the repatriation of earnings, but still.
Ray
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