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: American Spirit who wrote (552)	4/20/1999 2:48:00 PM
From: Daskin	Read Replies (1) of 954

>It's a sure thing that BKS is the #1 backdoor out there at least in terms of security. Yes, I think so. That is why I sold other good ones(include ATHM)to have more cash to buy more BKS. Look at most other backdoors such as WCAP, PWCC, LPGLY..etc, none of them have a real positive P/E ratio like BKS does. Moreover, Barnes & Noble is a wide known brand name. I did think that BKS CEO should resign because he didn't pick up e-commerce in the first place. However, this doesn't mean BKS cannot beat Amazon. In retail market, there is no Gorilla. There is no dominate power like Microsoft for PC. It only depends on marketing strategy. From the news that BKS become AOL's exclusive bookseller, we can see BKS is starting to move their ass. BKS is definitely a BUY at this level.

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