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Non-Tech : Borders Group (BGP) -- Ignore unavailable to you. Want to Upgrade?


To: david thor who wrote (77)1/9/1999 10:30:00 AM
From: Sam Citron  Read Replies (1) | Respond to of 411
 
The incredible situation that exists - that I never would have thought possible - is that Amazon could bid for Border's (or Barnes and Nobles) based on their market cap, a la Worldcom!

You are absolutely correct. And don't leave Sony off the list. I can't wait to see the FTC/DOJ antitrust scrutiny when AMZN proposes one of these cross-industry megadeals. It is high time for AMZN to reap the benefit of their sky high market cap by buying a real business (as opposed to a virtual business).

SC



To: david thor who wrote (77)1/10/1999 6:39:00 AM
From: stokaholic  Read Replies (1) | Respond to of 411
 
Actually, the worst thing that AMZN could do (for their stock price) would be to buy BGP. Then, they would a) have profits and b) really be no different than BGP or BKS from a valuation perspective. So, while buying BGP might reduce competition, it also might mean a stock price of 20,which is probably where it should be today.