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

To: AzCpa who wrote (578)	8/15/1999 3:18:00 PM
From: Stephen	Read Replies (1) \| Respond to of 766

The biggest problem with BNBN is the opportunity cost. As long as it is stuck in a trading range, its a waste of investment assets.... and as the float is so large and the range is so predictable, there's always going to be lots of disappointed longs who sell because its not a stock worth playing. It will have its day ... but getting any momentum going looks pretty hopeless at this point. Nearer the holiday period it should do better ... but then there are lots of e-tailers one could buy with smaller floats that will be better plays. Still ... the risk is smaller. Stephen

To: AzCpa who wrote (578)	8/15/1999 4:55:00 PM
From: Antonio Gargani	Read Replies (1) \| Respond to of 766

I guess my concern is the "Traditional" October crash with the Y2k to boot. If this stock can't even "tread water" right now, what will it do when there is tremendous pressure like October of last year(1998). Look at ANY chart there's a HUGE valley at October of 1998. If this repeat's its self, I'll probably be able to buy BNBN (and many others) at a significant discount. So why keep holding it and risk it going down before it will go up? I stress this is JMHO, I have no proof that this will happen, just a gut feeling (it worked for me last October). Good Luck Antonio