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To: H James Morris who wrote (89976)1/6/2000 1:48:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
HJ, I notice your b2b thread is picking up posting volume. Good things take time? Often times, I've noticed a dearth of posts as positive vis-a-vis a stock's performance. In this case, we all know b2b is still very much in its infancy. God, this is an incredible time to be alive....

ps. I am still so impressed by how you're 'getting' it!



To: H James Morris who wrote (89976)1/6/2000 5:28:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
January 6, 2000

BARNES & NOBLE "SUPER" STORE COMPARABLE SALES INCREASED 5.8 PERCENT

barnesandnoble.com Sales More Than Tripled Over Prior Year

B. Dalton Comparable Sales Increased 2.3 Percent

New York, NY (January 6, 2000)-Barnes & Noble, Inc. (NYSE:BKS), the
nation's largest bookseller, today reported record "super" store sales of
$719.2 million for the nine-week period from October 31, 1999 to January 1,
2000, an increase of $67.1 million (10.3 percent) over the same period last
year. Comparable store sales increased 5.8 percent during the same period.
For the 48 weeks ended January 1, 2000, "super" store sales increased
$281.8 million to $2,596.0 million (12.2 percent), while comparable store
sales increased 5.9 percent.

B. Dalton sales for the nine-week period of $128.5 million decreased $11.3
million (8.1 percent) from the prior year, due to the closing of 85 stores.
Comparable sales increased 2.3 percent for the same period. For the 48
weeks ended January 1, 2000, B. Dalton sales decreased $36.7 million to
$401.5 million (8.4 percent) while comparable sales increased 0.4 percent.

More significantly, barnesandnoble.com, a 40-percent-owned affiliate of the
company, reported that sales for the last quarter more than tripled over
the same period last year, increasing from $25.9 million to $81.5 million.
In all, 1.1 million new customers were acquired in the fourth quarter.

The newly acquired Babbage's Etc. reported record sales for the holiday
period reflecting strong demand for electronic games and PC entertainment
software. Sales for the holiday period were $188.7 million, an increase of
9.5 percent over the prior year. Comparable store sales for the nine-week
period rose 2.2 percent, and for the 48-week period increased 14.3 percent.
Inventory shortages of select hardware and software items limited sales
during the month of December; however, sales for the full year are expected
to be on plan.

Earnings for the retail business -- including Barnes & Noble, B. Dalton and
Babbage's Etc. -- are expected to meet consensus estimates for the quarter
and for the full year.

"This holiday season exceeded our expectations, and clearly validated our
multi-channel strategy," said Leonard Riggio, chairman and chief executive
officer of Barnes & Noble, Inc. "Sales were strong and positive in the
malls, in our 'super' stores, and in our online business. In addition, the
robust sales of our new electronic gift card, which increased gift
certificate purchases by 30 percent, will contribute to another strong
performance in January. At this time, we are looking forward to the year
2000, which we believe will produce even better results owing to our
expanding market share and our rapidly growing customer base."

About Barnes & Noble, Inc.

Barnes & Noble stores stock an authoritative selection of book titles and
provide access to more than one million titles. We offer books from more
than 50,000 publisher imprints with an emphasis on small, independent
publishers and university presses. Barnes & Noble is one of the world's
largest booksellers on the World Wide Web (http://www.bn.com), and the
exclusive bookseller on America Online (Keyword: bn). The company also
publishes books under its own imprint for exclusive sale through its retail
stores, mail-order catalogs, and Web site. Barnes & Noble recently acquired
Babbage's Etc., one of the nation's largest operators of video game and
entertainment software stores.

SAFE HARBOR

This release may contain forward-looking statements regarding expectations
of the company. These statements are based on currently available
information and represent the beliefs of the management of the company. The
future events which are the subject of such statements are subject to
certain risks, including those set forth in the company's annual, quarterly
and periodic reports on file with the Securities and Exchange Commission.

# # #

General financial information on Barnes & Noble, Inc. can be obtained via
the Internet by visiting the company's investor relations Web site:
http//www.shareholder.com/bks/.

------------------------------------------------------
This service provided by Shareholder Direct.
Additional Information: shareholder.com