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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: UFGator93 who wrote (14188)	8/20/1998 2:38:00 PM
From: UFGator93	Respond to of 164684

From briefing.com: BARNES & NOBLE (BKS) 40 3/16 +2 15/16. Shares of superstore book retailer shot out the blocks with an early gain of 4 3/8 pts, or 12%, on news the company will spin-off its online retailing unit, barnesandnoble.com, as a publicly-traded company. This shouldn't have been a difficult decision for BKS management. By spinning-off the unit, management will immediately boost shareholder value by allowing investors to award barnesandnoble.com a "Web-multiple." While top-tier Internet names are trading at close to 20 times trailing sales, Barnes & Noble sits at less than 1 times trailing top-line. Of course, the $64 million question is how much is a publicly-traded barnesandnoble.com worth to the parent company's stock price. In a report issued July 1, JP Morgan analyst Daneille Turnof Fox, gave the online unit a value of $3 per share. This estimate applies a P/E multiple of 30 times Ms. Fox's preliminary 2002 earnings estimate of $0.16 a share, discounted back three years at a rate of 20%. However, by valuing barnesandnoble.com's projected 1998 sales at Amazon.com's multiple at the time, the Internet business would be worth approximately $13. The analyst currently rates BKS a "buy." Her 12-month price target of $45 is based on a valuation of $42 for the brick-and-mortar business and $3 for barnesandnoble.com. BKS said it will file the IPO registration statement with the SEC within the next 30 days.

To: UFGator93 who wrote (14188)	8/20/1998 2:44:00 PM
From: IceShark	Read Replies (1) \| Respond to of 164684

Has everyone heard the news about Clinton coming back home and announcing intentions to bomb "terrorist bases" in Afghanistan? Just another cheap ploy to take the spotlight off himself? I wonder. It isn't a ploy nor a plan - it's a done deal. Only question is how many more times we hit them. Plus, I think special forces are on the ground in Afghanistan. We also took out a chemical plant in Sudan. Regards, IS

To: UFGator93 who wrote (14188)	8/20/1998 3:26:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Damon, My perception of this short-term(how short?) trading phenomenon: Jun 7, 1998 - 18 million tickets sold / 10 million seats Aug 7, 1997 - 14 million tickets sold / 10 million seats Both nominator/denominator consist of current and future variables....the 4 million shorts are still the target buyers, but the "capitured" buyers are shriking/boxing/trading... If the number of the seats increases (which is a given); who is going to buy those new tickets, especially when the current 14 million tickets holders want to "cash out" their seats too...we know that most of them are not interested in watching the scheduled 2005(?) consert Comments please, from all, the above is very important for me!!! Thanks, Jan