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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (670)5/10/1999 11:54:00 AM
From: American Spirit  Read Replies (1) | Respond to of 954
 
Thanks for your calculations on BKS but you value bricks and mortar at $19, a price BKS hasn't been at since 1997. Even nine months ago before BNBN emerged BKS was trading 35-45. Your Borders comparison is also skewed. Borders is worth less than half of BKS. It's market cap is 1.1 bilion with new outstanding shares and trades at $14.
Therefore I believe you have undervalued BKS by 40% or more.

What makes you think $45 is such a lofty goal?



To: Glenn Petersen who wrote (670)5/10/1999 5:27:00 PM
From: Bruce Denney  Read Replies (1) | Respond to of 954
 
Glenn...anyone interested in BKS, should read the new
Wired magazine article on BKS. Some good info.
BD


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