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Technology Stocks : barnesandnoble.com (BNBN)

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To: Sidney Reilly who wrote (1)4/23/1999 5:05:00 PM
From: Wayners  Read Replies (1) of 766
 
They are NOT issuing 200M shares. Think about it. The IPO has not priced yet. Until it is priced, nobody knows for sure how many shares its going to be. What you can infer though is that they are going to value the internet business at less than $200M. There are an infinite number of combinations of number of shares and share price to reach the market cap of approx. $200M.
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