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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST

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To: American Spirit who wrote (806)4/22/1999 7:39:00 AM
From: StockMiser  Read Replies (2) of 1691
 
I've surfed this stock twice already on IPO news. First time was back last summer. I've heard IPO will be priced week of 5/9. This is a very nice level, bought more yesterday. That little pullback the other day let me load up nicely at 32 1/2 as well. Not a daytrade at this point, but one hell of a swing trade.

Looking at historic reactions, and accounting for the freshly awakened inet frenzy, top end is probably closer to $50/share. That's assuming regular hype. If we get more of "this is the biggest ipo of the millenia", that might be conservative.

Right now people don't think there is a rush, so the stock ain't moving. First PR mentioning the IPO, and we start moving again. For those with a little cash and time, this is the time to load up.

SM
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