Barnes & Noble (BKS) Message Board

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Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

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To: Duane L. Olson who wrote (548)	3/30/1999 2:45:00 PM
From: Jerry S.	Read Replies (2) of 1691

Looks like we're in the no news doldrums. I find that BKS is emulating how ZD traded after announcing their IPO. Stock went down after a quick pop and traded sideways for 2 weeks. Then it turned up and traded progressively higher for the 2 or 3 weeks prior to IPO. We are in that post IPO announcement lull period right now and I expect action to start picking up in a week or so. I have noticed slow accumulation, especially when it dips below $32. This will get going in time, for that I will wait. Hell, if a POS like Priceline.com can soar 500 - 600% from its offering price, what's a Barnes&noble.com worth? BKS will do just fine with their BNBN investment which will have to get recognized in the BKS stock price.

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