Barnes & Noble (BKS) Message Board

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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: Daskin who wrote (1168)	5/13/1999 4:08:00 PM
From: Daskin	Read Replies (2) of 1691

This message was post on Yahoo thread, it makes more sense to me: Recent decline in BKS price was due to sale of shares by insiders (more than 150,000 sold) to purchase IPO shares they'll make a fortune on. Insiders were selling BKS in February, March and April (see SEC forms 4 filed). After IPO BKS will realize gains from about 10% bn.com sale (which it will use for INGRAM acquisition) plus reduced quarterly losses in its accounting books. This is going to be HUGE. By InfoPost2000

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