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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: Ralph Cosenza who wrote (1401)	5/25/1999 1:40:00 PM
From: Greg Keeler	of 1691

I think bnbn's price of around 25 is fine--certainly better than going up 200% and then dropping 40% the next day. The net stocks need to settle down and trade more normally so they can attract real investors and funds, not just day traders hoping to make quick bucks. In the long run, this net correction is good for the net stocks, since they are not really legitimate investments for most people because of their crazy behavior. I noticed that the Motley Fool's Rulebreaker Portfolio has lost close to 350,000 in the last month of so, mainly because of their net holdings. All of the internut stuff needs to calm down; bnbn is starting out much more like a normal company.

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