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


To: DGMontana who wrote (966)5/4/1999 7:37:00 PM
From: American Spirit  Read Replies (1) | Respond to of 1691
 
BKS owns a BIG piece of BNBN and any money raised will become an asset of BKS. They're basically selling off part of their net sales division which will not only fund the sucker but add to BKS's bottomline. Should be very BIG for BKS. If it wasn't for this recent growth stock sell-off (which I think it now over) BKS would be at much higher levels. Expect price appreciation within a matter of days then a ramp up through the 40's to challenge 50.