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

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To: BobKuz who wrote (1461)6/2/1999 12:54:00 PM
From: Crystal ball  Read Replies (1) of 1691
 
BNBN and BKS (keepin money) terminated acquistion is good.
The buyer pays for the target (Ingram), meaning usually the buyer loses cash and the target gets cash in flow,
result: buyer stock down, targeted company stock up,
HERE: BKS keeps its cash, IT HAS CASH!!!!!! should help stock price up, same for its child "in the family" BNBN.
I am,
Truly yours,
-Crystal ball
P.S. Of course today is a bad day overall
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