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

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To: LTK007 who wrote (1360)5/24/1999 4:31:00 PM
From: PawPr  Read Replies (2) of 1691
 
The bottom line is: when investing, any information everyone knows isn't worth knowing. Everybody knows BNBN is coming, and everyone has bought for the "inevitable" pop that "always" comes with a .com spinoff. Well, there are no "always" on wall Street. The smart money is out, and all that's left are a bunch of short term holders who thought they'd cut and run after a few points' profit. These people will now be desperate to get out. This baby could lose 30% in the next week. Oh, but its not a loss unless you sell. Get real!
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