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

To: Mark Glembocki who wrote (198)	2/18/1999 11:53:00 PM
From: blankmind	Respond to of 411

i guess there will not be many people left, since most are selling. i guess if either of us sells, we should tell the other, so they can turn off the light;-). and now for some news (this will probably drop the price further seeing they are brick and mortar stores. (just kidding)): Dow Jones Newswires -- February 18, 1999 Borders Books & Music Announces 5 New U.S. Locations ANN ARBOR, Mich. (Dow Jones)--Borders Books & Music (BGP) plans to open five U.S. locations by Fall. In a press release Thursday, the company said it will open 25,000-square foot stores in Santa Rosa, Calif., Sterling, Va., Northglenn, Colo., Mentor, Ohio and Gainesville, Fla. Borders plans to open 45 to 50 superstores in the U.S., and five international stores this year. Borders is a retailer of books, music, video and other informational and entertainment items.

To: Mark Glembocki who wrote (198)	2/19/1999 7:09:00 AM
From: Kenneth E. De Paul	Respond to of 411

Each one of us has the same stick to convictions story in our past. You need to experience the sequel of holding a dog that never runs or gets bought out at half what you paid. I think BGP will go down further and the signs to purchase them are just not there yet. Every time I have made that observation and not acted because I waited to get all my money back, I had to repent with even worse losses. Even B&N is not so net pervasive as Amazon. But if they battle it out while Borders fiddles, I do not want to get burned. So I will come back later.

To: Mark Glembocki who wrote (198)	2/19/1999 10:58:00 AM
From: Mark Little	Read Replies (1) \| Respond to of 411

Mark, I have been running parallel to you, fortunately with the results you are talking about. I bought 1000 BGP at the IPO and sold at 31 after the split. I have watched it go down and am now thinking of getting back in. I did buy some May 17 1/2 calls but am not sure if I will make anything on them. This stock seems to move fairly slow without major news. I do believe, however, that the GO site will be a big plus for them. I bought 1000 Ascend at 34 and watched it go down, kicking and screaming all the way. Now I've decided to just to let it roll into LU and someday be enough to pay off my mortgage if I want. While I do some trading in and out with options, most of the time I tend to hold stock for the long haul.