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: Lane Hall-Witt who wrote (1333)	5/24/1999 10:50:00 AM
From: SwampDogg	of 1691

Just the reported increase in the IPO pricing adds almost another $2 cash to every BKS share not too mention the increase in the NAV after the IPO. I have not approached BKS as a trader. I trade every day but if I was playing BKS I would have been playing the $32-$35 box that we had for the past 2 months. I remember when I bought AOL in August 1996 and it didn't go anywhere. I thought that I was right but the market did not agree with me so I sold it for a small loss. That $6000 investment would have been worth over $250000 at one point. I know a lot of people have stories like this. I just point it out because sometimes the market doesn't do what we want it to at a particular time but it does not mean that we are wrong. BKS is one of my favorite and safest internet plays out there. I am holding and I will buy more it it goes down. It will just be more af a steal.

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