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

To: Dr. Id who wrote (994)	5/6/1999 2:04:00 PM
From: American Spirit	Respond to of 1691

I never play options so I'm the wrong person to ask. All I've ever said and am still saying is that there is little risk from here and that BKS ought to pass 40 shortly. Perhaps this roadshow and other news releases will get the market's attention. An internet rally would help as well. Except for ATHM and XCIT everything seems under the weather still, perhaps because of the ATT deal and the uncertainty that brings. And AOL's problems are a real concern for BKS. But these concerns and doldrums could burn off very quickly. -- Just look at the ZD chart and you'll see the potential. ZD is a publisher (yawn) and is losing money these days. So BKS is a better company. But if you almost double the price of ZD you could use it as a rough model. From its after IPO plans announcement base of 17 it hit 29 at peak. From BKS's base of about 33 therefore it could and should hit 50 or more. No one knows because the market is mercurial, but still a definite buy here and time is now on our side. At least we have the announcement now. I feel comfortable with smaller gains every day. At least there will be less day-trading and more stability so we can sleep nights. Good luck with your options. You might consider buying stock as well. But ask an expert not me. Thanks.