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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 4:00 PM EDT

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To: agent who started this subject7/1/2002 10:20:06 PM
From: tktrimbath  Read Replies (1) of 1691
 
mid-year informal review BKS

I just thought I'd summarize what I thought was going on with BKS to see if others agree or to see if they can point out other aspects that I have missed.

It seems that this is a fine company that is a reasonable investment. They are in a market which is doing well enoughand have a nice position in it. They are also carrying some undervalued assets on their balance sheet that could show some nice appreciation within the next five years (bn.com and Gemstar). I don't know that I would buy more at this time but I am definitely holding what I have. I am interested in seeing what the management changes create (as I recall didn't the son take over from the father?).

All of this is just for naught of course if no one else is watching this board.

Looking forward to other points of view.
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