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Technology Stocks : barnesandnoble.com (BNBN) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (548)7/22/1999 9:26:00 AM
From: Manx  Respond to of 766
 
CBS News:...The latest number beat by 7 cents the forecast for a loss of 24 cents in a survey of three analysts by First Call.....



To: Mohan Marette who wrote (548)7/22/1999 9:28:00 AM
From: Rod Somma  Read Replies (1) | Respond to of 766
 
Mohan - When is the date we can sell BNBN through WIT without penalty?? I have 60 days from the IPO date being this Monday, 7/26.
60 days from the settlement date would be Thursday, 7/29.

However, if you sell today, it wouldn't settle until Tuesday, 7/27.

Would it qualify as a legal sell with WIT without the consequences of IPO jail??

I've truly believe BNBN will spike up today and want to just get rid of it when it's up....but WITHOUT PENALTY.



To: Mohan Marette who wrote (548)7/29/1999 4:25:00 PM
From: Joe Mintz  Respond to of 766
 
It has become clearer that bn.com lies on the path to fortune in the realm of e-commerce. The recent results were more than encouraging, pointing to strong performance in a rapidly expanding market.

The flat trading since the IPO is not especially disturbing - the issue was not exactly priced cheap, with the original target adjusted upward substantially before the start of trading.

More importantly, the recent lack of upward momentum does not appear worrisome at all - on the contrary, the issue has held up well in the midst of severe (partly justified) interest rate fears. Some net stocks have plunged dramatically (look at SPLN for example) as heightened risk aversion in the face of impending monetary tightening has led participants to shy away from speculative growth plays in technology.

One should hesitate in attempting to pinpoint the timing of any upward spike, but these developments in revenue growth and overall performance seem to suggest a stock price closer to 50. The short-term could bring continued weakness, however, and a more general stabilization in financial market expectations may be required before this longer-term target can be approached.