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

To: Neil H who wrote (1092)5/11/1999 10:30:00 AM
From: Anaxagoras  Respond to of 1691
 
Actually, we don't have a shake out here at all, the volume isn't there- it's actually a coil, getting close to a textbook case. Usually they work best around 2/3 out the triangle, and the timing on this would be about right vis-a-vis the pending IPO. We'll see. IMO, this is a buy at around $33 with a stop around a point beneath that.

Anaxagoras



To: Neil H who wrote (1092)5/11/1999 11:35:00 AM
From: American Spirit  Read Replies (2) | Respond to of 1691
 
Good buy. Volume still light. But could ramp up anytime. In which case most of it will be buyers. That's when we can move 2-3 points in one day. Once The Street.Com's out of the way BNBN ought to get all the attention. Same underwriters you know. Wouldn't be surprised it it went up 2 points today though. Certainly overdue.


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