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


To: HRAKA who wrote (777)4/20/1999 12:23:00 AM
From: American Spirit  Respond to of 1691
 
I don't think so. There may be a dip at first (margin selling) but so many tech stocks are at bargain lows that bargain-hunting is bound to come in. Historically every steep drop (crash) like this has been followed by a sharp rebound, at least in my memory. Besides high PE's for many stocks (but not all) and the computer biz going through transition there really aren't any negatives in the economy these days so if it does go lower it's pretty irrational. But no, I think tommorrow we will see some wild swings then finish higher. But what do I know? I never thought this could happen. In any case if you're in stocs BKS is a good place to be. Knock on wood.