Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scotsman who wrote (213)	1/3/1999 10:18:00 PM
From: doby	Respond to of 1691

I saw the same discussion. Just the tail end mind you. The person your referring to is the President of IPO's financial analyists. Whatever the heck that means. Sorry I didn't catch his name. Anyway he made an interesting prediction that once the first quarter results or shortly into the second quarter we should see a signifigant drop in internet stocks. He feels we could see an 80% drop in some stocks. He's basing his prediction on unproven earnings. He used BKS as an example. His view was that if you compare value BKS is trading at half what similar stocks are trading at. His point was that BKS is trading at a more realistic price. Good luck

To: Scotsman who wrote (213)	1/3/1999 10:20:00 PM
From: Steven A. Annese	Respond to of 1691

I saw the comments made on BKS on CNBC. He said that Barnes & Noble should gain extreme momentum in 1999, especially with the spinoff of the barnesandnoble.com website, stating that as of now, it's worth 1/10 of Amazon, but Amazon is not 10x better than Barnes and Noble, nor do they have 10x sales, and that BKS will probably see half of a valuation of Amazon, but on the same note should bring AMZN down to about the same (another words reality!)