SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Herm who wrote (9896)3/9/1999 1:01:00 AM
From: R. Gordon  Read Replies (1) of 14162
 
Herm,

Check out BGP (Borders Books). This stock is selling below bargain basement prices now and I think it is ready for a big rise. Everyone was afraid that AMZN was going to eat up their profits so the stock has been falling to incredible lows. The experts were wrong - profits were higher than ever and I think this stock could double in next few months. Check it out --- (I'm already invested

Borders Group Announces Record Fiscal 1998 Results

ANN ARBOR, Mich., March 8 /PRNewswire/ -- Borders Group, Inc. (NYSE: BGP -
news) today announced record consolidated net income of $92.1 million for fiscal year ended January 24, 1999, the highest in
the multi-media retailing industry for the third straight year.

Full Year Results

Consistent with the Company's guidance in its press release on January 27, the Company reported earnings from stores,
including international stores, of $1.24 per share, an 18.1% increase over prior year earnings per share of $1.05. Borders
on-line activities generated a loss of $0.13 per share compared to a loss of $0.07 per share in the prior year. On a
consolidated basis earnings increased to $1.12 per share compared to $0.98 per share in 1997. Consolidated EBITDA
increased to $234.0 million or $2.84 per share.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext