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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (8168)4/18/1999 10:41:00 PM
From: American Spirit  Read Replies (1) | Respond to of 29970
 
BKS - not an IPO buy (unless you can get some) but a backdoor IPO buy. Lately all companies owning large pieces of internet IPO's have risen substantially before the actual IPO. Sometimes they shoot up on the day of the IPO (DBCC) and other times you're better off cashing out a few days earlier.

What makes you say BKS is a badly-run company? They're the #1 bookseller in the world and just signed an exclusive deal with AOL. No debt and on the verge of buying Ingrams in order to better overwhelm Amazon.Com. What more can you expect?

It's reasonable priced now. And will shoot up. The IPO is scheduled for a week from Monday. Don't buy it, fine, but you may regret it.