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Non-Tech : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?


To: Daskin who wrote (1597)11/25/1999 2:29:00 PM
From: Neil H  Respond to of 1691
 
11/23 MSDW report rates BKS as an Outperform with a $35 target. Views BKS as undervalued and at a minimum should be at $26 now. Likes the Babbages purchase. Key investment positives ; Market dominance, good sales momentum, internet entry, expansion of operating margins, clean balance sheet and $100 mill excess cash generated annually allow it to undertake new initiatives.

Nice report all in all.

Neil