Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Logistics who wrote (23264)	12/7/1998 3:17:00 PM
From: Gator	Read Replies (1) of 119973

Word on the street: BKS (Barnes & Noble) will be spinning of BarnesandNoble.com as an IPO. Reportedly in the works. Big deal with Microsoft announced today. Already had a broker from Gainesborough call me about it. They're expecting a BKS run up to at least $40. Bought BKS Dec 19 call options (strike price $30 at 1 1/2 yesterday. Now sitting $3 3/8-$3 3/4 and rising. BarnesandNoble.com has been advertising heavily recently, adding fuel to the speculation that the company is increasing awareness prior to IPO announcement. Barnes&Noble looking for Amazon-type valuation, which has eluded them with their internet business buried in with regular store operations. Gator

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