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: Neil H who wrote (1334)	5/24/1999 10:55:00 AM
From: Lane Hall-Witt	of 1691

Yes, that could very well be the case. BKS at these levels is just incredibly undervalued, if you factor in the value BNBN will add. It's very difficult for me to assess the psychological effect of a "broken" IPO play here, though. Will the market finally be overcome by "rationality" regarding BKS and value its Internet assets fairly, or will it continue to see BKS as a loser? If I get stopped out, I will certainly continue watching BKS closely, because it has to be about the most undervalued e-commerce play out there. But the buy signal for me would be market psychology regarding BKS, not straight valuation. There are lots of undervalued stocks out there that trade badly because people don't care about them or think they're losers. It's not fair, but--.

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