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


To: HRAKA who wrote (698)4/14/1999 6:08:00 PM
From: Billsig  Respond to of 1691
 
Folks BKS will be going back up- my guess toward old high. Remember hot money has been flowing to the other internet sectors. When these stocks cool off i believe money starts to flow to bks as people start to focus on the ipo 2 weeks is a lifetime here- be patient. We had technical breakout at the $36 level and it ran to 40. Hell i almost sold all my stock to invest in other oppportunities. Who wants hold bks now when some stocks are going up 20 and 30 points in one day.

Bill



To: HRAKA who wrote (698)4/14/1999 7:45:00 PM
From: Stockwizard  Read Replies (1) | Respond to of 1691
 
HRAKA: No, no, no!
The run-up is almost day-by-day, pattern-for-pattern, the same as ZD before ZDZ ipo went public. Yes, the AOL will only help BKS. Pacific probably has no real bearing. But in this ipo environment, excpect jumps in price, drops from profit-taking, and then back-filling. I know... I profited this way from ZD. I will profit this way from BKS. The problem is that the further we are from ipo date, and nobody can know that date right now, the more uncertain things are and the more likely people are to sell into rallies. I bought at 34 1/2, watched as stock went down to 32, bought at 33, and sold at 38. Realizing that it will probably not go down to 33, I will pick up tomorrow once again. I have no doubts. BKS is spinning off a great IPO, but it is a better and more profitable company than ZD, it has heavy-weight status already, and I expect it to be 50 just before the IPO.