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

To: Axxel who wrote (192)	12/29/1998 6:52:00 PM
From: Axxel	Respond to of 1691

We are not close to recommending a sale on BKS-up 4 1/16 appears to us to be the beginning of a trend, not the end of one [opinion, of course]. do not let our "strong Buy" at 29 recently and our re-iteration of that strong buy on the 28th.. spook you..we are not in this for 15 crummy points. Barnes & Noble Reiterated 'Strong Buy' at Axxel Institutional Princeton, New Jersey, Dec. 28 (Bloomberg Data) -- Barnes & Noble Inc. (BKS US) was reiterated ''strong buy'' by analyst Axxel Knutson at Axxel Institutional Equity Services. Best regards, If you want the newsletter-email me-it's....like...free. Happy New Year-Axxel

To: Axxel who wrote (192)	12/29/1998 7:21:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 1691

I don't think so. There really is no value added to a pure internet play spun off from the parent company as opposed to keeping the companies under one roof with a common management. It would involve duplication of unnecessary overhead costs and does not enhance the revenue stream. My guess is that it is just viewed as a way for the parent to generate some cash from the current internet mania by selling stock to the public. Look at companies like Dell (which is currently selling in excess of $10 MM per day on the net). What possible advantage is there is spinning off a sales organization who's sole claim to fame is the internet. I think the real drivers to BKS will be an expanding physical base for consumer books, an internet base for hard to find and special order books, and Ingram, which cuts a layer of profit from the business, and at the same time makes money from the volume of books that competitors like AMZN sells. TTFN, CTC