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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST
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To: sagaloo who wrote (605)4/8/1999 3:37:00 PM
From: Glenn Petersen  Read Replies (2) of 1691
 
Generally, the stock of the parent sells off sharply shortly before the subsidiary goes public. This occurs usually a day or two before the actual offering. This has happened with MALL(UBID), DBCC(MKTW), PWCC(FLAS) and others. Check out the various threads to get a sense of the timing. IMHO, BKS will continue to inch up in anticipation of the BNBN IPO. Just be careful. If you get out prior to the actual offering, you will probably be able to buy back your BKS at a discount. Good luck and enjoy the ride up.
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