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Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

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To: Sajjad S. Hashimi who wrote (197)	12/30/1998 7:09:00 PM
From: Axxel	Read Replies (2) of 1691

The problem today is that the move to $48 was a little toooo much and that kind of excessive move puts us into a mode whereby the stock becomes a target. i would not blame anyone who sold into that mindless buying earlier in the day...we are going to see a consolidation of that move..Intermediate term, the stock is OK and I was interviewed by Bloomberg today and re-iterated my bullish opinion on the stock...on can get too much of a good thing in the short term and that is what we had today. We now want very diminished volume on the pullback. Traders may have to avoid for a time. Short-sellers should avoid this stock unless you are very nimble and really watching. i do comment on this stock in the newsletter...so if you want it, just email me with your preferred email address, name and city and you shall have it-the cost? Zip. Best regards, Axxel

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