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


To: Steven White who wrote (503)3/18/1999 9:14:00 PM
From: Platter  Read Replies (1) | Respond to of 1691
 
I agree with comments on thread, we could see $100 on BKS by year end, especially as retail buying season (Oct-Dec period).



To: Steven White who wrote (503)3/19/1999 10:27:00 AM
From: Dennis  Read Replies (1) | Respond to of 1691
 
Guru on cnbc today just said the same exact thing !!

You Said:

If Barnes is selling 20% to raise $200m, that equates
to a $1 billion value for the site. Cheap by todays
Internet standards. Using round numbers, that
would put the value of BKS at $3 billion + or a 33%
increase when the stock was trading at $30. All
things being equal, that would move the stock $9 to
$39, more or less.

That's the conservative number. In todays world, we
should see a significant premium in the stock price
for seasoned managers, global reach and lots of
capital.