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

To: StockMiser who wrote (869)	4/28/1999 7:07:00 PM
From: crimson	Read Replies (1) \| Respond to of 1691

I honestly believe that BNBN will see $100+ on the first day of trading and after some selling, it will top $100 again on the second day. Now, the trick is getting me some of those shares! lol If the IPO is next week (I personally think May 10th) - BKS should start moving up not down. I can't remember if other IPO's (UBID, MKTW, ZDN, etc) with parent spin-offs had exact dates for the IPO or if they are so TBA as BNBN has been. I noticed on IPO.COM, they are saying May 3rd week...some say May 10th... I don't remember other IPO's that I have played having a date etched in stone, so I am still expecting BKS to reach $50+ before the IPO date. But, I have no idea what price to really expect. I do however think BKS should be ticking up right now, not down! That is a little bit of a mystery. BKS is a good stock to watch on Average Size of Trades...These days it is low (500 shares or so)...Other days like Monday, it was closer to 1000. So, I would imagine most people selling are small potatoes. Good luck all!

To: StockMiser who wrote (869)	4/28/1999 8:36:00 PM
From: xcr600	Respond to of 1691

think a few people on here are trying to bash the IPO so they can buy in cheap. Anything said on this thread has zero chance of affecting the stock price. Easy to explain why the stock is moving down: No formal date set, short term traders getting out and techs/inets are weakening. x

To: StockMiser who wrote (869)	4/28/1999 9:25:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 1691

BKS - responding to the last few posts, first of all yes parent companies always surge to some degree, either right before and continuing through the day of the IPO. DBCC went way up the day of its spin-off IPO. Others like UIHIA fade before the IPO happens. Nevertheless they all go up and BKS is a superior company to any of these. But the IPO is nor formally set yet and it seems to be put off until May 10th or so. Therefore, many investors (don't ask me why) prefer to wait until the last minute. Why the dip today? Because there's no news yet and some people are deciding to use their money for something else. Why would anyone sell here? Don't ask me but many probably plan to get back in next week. All in all, there's nothing to worry about. BKS will zoom up soon unless they cancel the IPO, which I do not see happening. This is a Class A blue chip net IPO which should garner more buying than all the recent little ones combined. It's even possible BKS could double from here (temporarily). And longterm I see BKS in the 50-60 range anyway. They can and will challenge AMAZON with their new AOL exclusive deal. I bought more today and am fully loaded up now. Just waiting and not worrying too much. But when it happens it should be exciting.

To: StockMiser who wrote (869)	4/29/1999 10:50:00 AM
From: SpecialK	Respond to of 1691

SM, I just want to make sure you don't think I'm trying to bash the IPO. I am trying to be realistic, cautious and sensible in a completely irrational, unreal, unbelievable, makes no sense kind of market. I do wonder though, how much potential is here, considering how all the company's IPOs happen, the company drops, the IPO rockets. If a company gave shareholders the opportunity to get in at the IPO price, it would be worth something, but if you just have to buy BNBN at the market on IPO day, then what will happen to BKS if BNBN goes to 100, it will still drop. The play is all in before a company announces that they will have an IPO to before the IPO, which would be the 20s to mid-40s for BKS, a great return, but to expect more than that, is not reasonable. A spinoff is much better, look at GIC, T, and others who did a 3 companies from 1 spinoff, the overall price of the shares you get, has performed great. Just because BKS or any other owns 50% or 80% of BNBN something, doesn't mean the value of BKS will equal the 50% of BNBN. Just look at ZD, big name, well known. The portion that ZD owns of ZDZ is worth more than the worth of ZD. Another example is Ford, I read somewhere 2 years ago, that the Ford Capital Finance division and the cash was equal to $35, the stock was around $30, meaning you get the car company for free. They had to spinoff Associates First Capital to get shareholder value out. If they still owned some %, it wouldn't work as well. Just look at GM, with Hughes and Delphi, they're catching on a little. Just my thoughts, Good luck, Ketan