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

To: Glenn Petersen who wrote (574)	4/3/1999 7:29:00 PM
From: Jerry S.	Read Replies (1) \| Respond to of 1691

Come now Glenn, these subjective valuations you are putting on BKS's business is based on your own analysis only and at the current market price. Many, like me, think that the B&M business is worth more than $22/share (more like $30-something)and that the internet business will be worth some multiple of a billion dollars. I wouldn't want to think that "the market" is so efficient as to properly value stocks at all times - if that were true it wouldn't make sense to buy or sell anything in anticipation of a stock being under or over valued. But of course its exactly these differences of opinion that makes the market. It seems we both forsee some upside on BKS - just that I see more than you do. In any case, thanks for your good luck sentiments and however this thing turns out, there is no need for abuse from either of us. Have a happy holiday.