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

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To: Mark[ox5] who wrote (1112)5/11/1999 6:49:00 PM
From: American Spirit  Read Replies (1) of 1691
 
BKS is not going to be a sleepy stock in next 2 weeks.
Could spike anytime. As for Amazon, it will be challenged by BNBN and they will take market share. They are on the front page of AOL their exclusive partner. That will make them #1 first noticed bookseller. But BNBN will start selling music too. BMG owns 41% like BKS and they are a giant music company. Movies and TV too. Anything Amazon can do BNBN can do. Until now Amazon hasn't had formidable competition. Now that's all going to change. Within a year look for BNBN to be as big as Amazon, or at least damn close. With hundreds of millions in new IPo funding they will be able to afford to tackle them too.

Right now BKS is a no-brainer. Nothing to lose short-term unless they were to cancel the IPO, which they won't.
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