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Non-Tech : Borders Group (BGP)
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To: Catcher who wrote (71)1/9/1999 12:09:00 AM
From: blankmind  Read Replies (1) of 411
 
figuring earnings, did bgp figure how much it would cost for the internet side of the biz? when you figure 12 to 14 cents per share for the year on the internet side, they must be planning something big to spend over 8 million on the internet side of the business this year.

i agree with you that the weather excuse caused more harm than if they had just come out with a statement stating internet startup costs would cause a shortfall in earnings. it might have raised the price. they do need to show something for the money.
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