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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST

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To: Lane Hall-Witt who wrote (517)3/19/1999 3:17:00 PM
From: Ahmad Sinno  Read Replies (1) of 1691
 
Lane,

Very interesting analysis. As I was reading your analysis, I was thinking that volume is probably 3-4 X daily average. However, it appears that volume is running just above average, maybe 2x by end of day, which is not huge for this stock. How do you explain that ?

I have a very shallow understanding of the BKS IPO. It seems to me, and based on stock action yesterday I am probably wrong, that the only new piece of information is the size of the IPO, $200 million. What am I missing ? Is there a date for the IPO ? and have the papers been filed ?

I think the bottom line is that when we didn't get a follow through on yesterday's impressive move some of the momentum players got out. IMHO

Ahmad
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