BNBN Third (#3) TOP ONLINE BUYING WEBSITE...THAT SAYS IT ALL ($$$):
"Finance - Internet Daily for Tuesday, September 14, 1999
by Frank Barnako CBS MarketWatch
Online buyers getting more active
Even as the government reported retail sales nationally rose in August, additional research found that online buyers were more active, too. An average of 4.5 percent of visitors to the top 40 online retail sites purchased items last month, returning to June levels after dropping to 3.2 percent in July, according to PC Data of Reston, Va. "Consumers love a deal, and the steep discounts and coupons these sites have been offering to attract customers may have a lot to do with their recent popularity," said Internet research analyst Cameron Meierhoefer. Amazon.com (AMZN: news, msgs) retained its No. 1 rank with 789,000 projected home-based buyers. Buy.com jumped to the second-highest position, with a projected 314,000 visitors completing purchases. Barnesandnoble.com (BNBN: news, msgs) ranked third with 289,000 projected buyers."
The way I read these figures, is that I do not think I will ever sell BNBN at all, if it is THIRD now, that means lots of value year after year after year. It will be a good Christmas afterall, think I'll curl up by the fireplace with that Book I just ordered from Barnes.
I am,
Truly yours,
-Crystal Ball |
