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


To: Sam2482 who wrote (737)2/10/2000 4:21:00 PM
From: Joe Mintz  Read Replies (1) | Respond to of 766
 
I do not wish to sound like an old man (I am NOT that old), but I have seen this time and time again. It so often happens that you have wait much longer than you first expect to see the real movement in a stock.

The day will come for BNBN. I am even more confident because of the high quantity of bets placed against - these shorts will have to be covered. Long-term growth is on the menu along with some fine delicacies.

One of these is the eBook capabilities of bn.com. This has received little attention, but it will become a highlight over the next few years. It is this type of surprising development that will lift the stock; the concept is not widely incorporated into investors' views at this time.

But I must add, those results were dismal for the short-term. I do not care what anybody maintains - they have to BEAT the expectations. It is mandatory, to cast a rosy glow on the stock and give investors a strong rationale for adding it to their portfolio. The whisper numbers seemed even a bit higher, and thus, those were missed. This makes the short-term outlook a bit constrained. Thankfully, the stock has been so beaten up that the downward leeway has declined considerably.

I believe that in some ways, each and every stock carries with it a sort of personality in its trading behavior. If so, then BNBN continues to be the one that no one can take seriously. What does it take for that kind of aura to be shaken off? Time, and consistent achievement. The first must be given by the investor; the second will be duly provided by the management of bn.com.

Hold on and don't waste your time with the daily quotes. The transition to the prevalence of e-commerce will occur over a time span of years anyhow...

JM