Barnes & Noble (BKS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry S. who wrote (575)	4/3/1999 8:48:00 PM
From: Glenn Petersen	Read Replies (1) of 1691

You may be right about the valuation on the B&M side of the business. I was just trying to do a quick and dirty valuation relative to Borders, which while considerably smaller than BKS, has significantly higher margins. I do not think that the B&M side of the book business is dead. I buy a lot of books and while I do a fair amount of purchasing online, I still prefer the tactile experience of actually handling the books. It is a bit sobering, and depressing, to consider that the market cap of AMZN is over 25 times that of BGP and over 12 times that of BKS. I have given up on thinking that the market is efficient and if there was any danger of that actually happening, I would have to quickly bail out of my entire portfolio. I hope to hop on board BKS on Monday and I would anticipate that we will both make some money. You will make more, however, because I will have bailed out early. LOL. Incidentally, I was just kidding about the abuse, but I think that you already know that. I hope that you also have a happy holiday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next