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Non-Tech : Borders Group (BGP)

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To: blue_lotus who wrote (264)3/30/1999 6:42:00 PM
From: Charles Tutt  Read Replies (1) of 411
 
I think an investment in BGP is essentially a wager that management was on the level when they blamed earnings problems on weather and a move towards gift-certificate giving (rather than giving the books themselves). See:

biz.yahoo.com

If so, an improvement in the weather and the redemption of the certificates should pop earnings this quarter.

I've made the wager, and we should know in a few weeks.

All JMHO, of course.
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