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Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

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To: mojave who wrote (1035)	5/10/1999 1:42:00 AM
From: American Spirit	Read Replies (2) of 1691

If you have such faith in Amazon buy it. I see BKS eventually catching Amazon, at least in book sales. Amazon is in trouble because it has only lost money and has a market cap ten times BKS which is a solid profitable #1 company. I'll buy Amazon when it sinks another 30% - maybe. Evolution my friend, remember. The net landscape can change very quickly. When BNBN gets $1,000,000,000 or more in their coffers they will be able to devour a large part of Amazon's market share. And don't forget who owns the other big piece of BNBN, BMG one of the largest music companies in the world. Can you spell CD? Nothing to stop BKS from BECOMING Amazon and more. AT 2.5 bill market cap I think BKS is cheap. Just like CDNW at 250 mill market cap. Look at the caps. BKS is already worth more than 2.5 bill. Amazon's market cap is almost all forward-looking - way forward-looking. And remember, BKS is AOL's exclusive bookseller and already the #6 most visited site on the web.

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