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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: .com who wrote (128)	1/21/1999 11:46:00 PM
From: E. M. Edds	of 954

BKS--Barnes and Noble--barnesandnoble.com IPO NEWS"Subject: BKS [IPO NEWS] Date: Thu, Jan 21, 1999 21:48 EST From: Viper1433x Message-id: <19990121214847.03584.00000875@ng107.aol.com> Barnes & Noble Reconsiders IPO of Barnesandnoble.com, BW Says New York, Jan. 21 (Bloomberg) - Barnes & Noble inc. will revamp plans next month for an initial stock sale of its Internet bookseller site Barnesandnoble.com, Business Week reported in its ''Up Front'' column, citing unidentified people close to the company. The online-division offering, scrapped in November after Bertelsmann AG bought 50 percent of the site, could be more attractive as Barnes & Noble completes its acquisition of Ingram Book Group, the U.S.'s biggest independent book distributor. In addition, Bertelsmann wants to fold its online European bookseller into Barnesandnoble.com, which, if completed, could make the IPO even more attractive, the magazine said. Barnes & Noble said last month that U.S. antitrust enforcers sought additional information about its proposed $600 million purchase of Ingram Book. (BW, 2/1, 6, www.businessweek.com) 20:48:34 01/21/1999

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