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: Glenn Petersen who wrote (1421)5/26/1999 8:55:00 AM
From: Anaxagoras   of 1691
 
Nice post Glenn.
FWIW, if you suppose that BKS B&M should trade at the price of BGP (i.e. no 20% preemie), and further discount (for tax and liquidity) BKS' ownership (you used 40%, take it to 50%), you come up with a value of about $29 1/4 per share. That seems pretty drastic, and we're below it.

Anaxagoras
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext