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


To: Dennis who wrote (513)3/19/1999 12:10:00 PM
From: Stephen  Respond to of 1691
 
Disappointing today .... but the fact is ....

This is a DOW stock .... so there's not likely to be quite the same action as on the Nasdaq

We still don't know when the IPO will debut or what the terms are

BKS was oversold and deserved a technical bounce even without news

If there is concern the market may dump before the IPO, BKS will likely fall anyway. The rumour was that the S1 filing would occur this month, but people were still selling - are these people likely to buy back 4 points later??

Sooooo, patience is the key here ... but .... it is frustrating when theres so much over-valued fluff out there ...

Good luck all

Stephen.




To: Dennis who wrote (513)3/19/1999 12:17:00 PM
From: C  Read Replies (1) | Respond to of 1691
 
Dennis, From who? Goldman Sachs, Merrell Lynch, or maybe Leonard Riggio himself. Come on.......don't be silly.

C