BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: DAVID C. DeANGELIS who wrote ()	3/31/1999 7:34:00 AM
From: Topannuity	Read Replies (1) of 954

Every other “backdoor IPO” has exceeded their 52 week high leading up to the IPO. EVERY ONE! DBCC, DLIA, PWCC, MALL, WCAP, ZD, etc. BKS owns 50% of the BarnesandNoble.com IPO. When they first announced the spinoff last year the stock quickly shot up to $45.00 which is its 52 week high. When the IPO was delayed the stock drifted down. BKS should easily exceed its 52 week high with the launch of BNBN. The exposure of this IPO will be incredible because this is a REAL company, with real earnings and a solid reputation. The IPO is slated for the week of April 26th. That is 4 weeks away! Also, BKS does not have a huge float. When volume steps up they can jump a few points in a day easily. Right now there is not a lot of volume.

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