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


To: Crystal ball who wrote (1598)11/24/1999 6:56:00 PM
From: Bird  Respond to of 1691
 
I agree, this is another example of gov't mingling
in free enterprise leaving a group of investors covered
in the bureacracy's and so, their own red ink.
I bought into BKS based on the Ingram deal.
The FTC pirated my profits into oblivion so some
overpaid Washington hack could justify his job
screwing with what should have been a much needed
merger that would have increased efficiency for
consumers.

Welcome to the new socialist state.



To: Crystal ball who wrote (1598)11/25/1999 2:53:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 1691
 
bnbn is not a tracking stock. It is a separate and distinct company. And frankly, I am glad that BNBN was spun off. e-tailing is by and large a losing proposition. If you spend some time examining the 10-K and 10-Qs of AMZN you will clearly see why. They must spend heavily on advertising (which consists to a greater and greater extent on TV and print advertising); handling costs are high; the promise of profitability is a mirage. Why should BNBN be profitable when AMZN is not?

The main beneficiaries of retail e-commerce will be the infrastructure suppliers (hardware and software) and the publishers (because of the elasticity of demand) and manufacturers of goods sold on the internet.

TTFN,
CTC