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Non-Tech : Borders Group (BGP)

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To: blue_lotus who wrote (240)3/9/1999 4:53:00 PM
From: The Philosopher  Read Replies (1) of 411
 
Go to Yahoo, bring up Borders, and look at yesterday's press releases to get a good picture of the current state of the web trading part of the business. They're losing a lot less money at it than Amazon is! <g>

I personally am not projecting a negative trend for earnings, and don't see a basis for it at this point. It really doesn't need a very major earnings growth to pick up a substantial increase in price when (I don't know when it will be, but sometime in the next five years) the market dumps the dot.com fad and starts looking to value again.

Have you reviewed Value Line or S&P yet to get a good sense of the company's financials and history?
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