SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SwampDogg who wrote (1383)5/24/1999 11:36:00 PM
From: Sun Tzu  Read Replies (1) of 1691
 
Thanks guys for the answer. This is the first time I've seen this kind of spin off. Sounds rather shareholder unfriendly. On the plus side, thanks to the internut overvaluation, BNBN should be worth about $1.4B or about $25 per share. BKS' 40% equity then will be worth $560 or about $8 per share. Investing based on asset values is a very tricky thing though, since the asset values may fluctuate a lot before the market realizes them.

good luck
ST
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News