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


To: Mark[ox5] who wrote (1112)5/11/1999 6:49:00 PM
From: American Spirit  Read Replies (1) | Respond to of 1691
 
BKS is not going to be a sleepy stock in next 2 weeks.
Could spike anytime. As for Amazon, it will be challenged by BNBN and they will take market share. They are on the front page of AOL their exclusive partner. That will make them #1 first noticed bookseller. But BNBN will start selling music too. BMG owns 41% like BKS and they are a giant music company. Movies and TV too. Anything Amazon can do BNBN can do. Until now Amazon hasn't had formidable competition. Now that's all going to change. Within a year look for BNBN to be as big as Amazon, or at least damn close. With hundreds of millions in new IPo funding they will be able to afford to tackle them too.

Right now BKS is a no-brainer. Nothing to lose short-term unless they were to cancel the IPO, which they won't.



To: Mark[ox5] who wrote (1112)5/11/1999 6:55:00 PM
From: Harry N  Read Replies (1) | Respond to of 1691
 
MARK[ox5]
Sounds rational to me.....American Spirit...response?



To: Mark[ox5] who wrote (1112)5/11/1999 7:27:00 PM
From: LTK007  Read Replies (1) | Respond to of 1691
 
Mark you express nothing regards Bertelsmann--do you know who they are?As they are big part of a very ambitious plan for BNBN<<
The money will help the New York-based company - jointly owned by bookseller Barnes & Noble Inc. (NYSE:BKS - news)
and German media conglomerate Bertelsmann AG - in the fierce battle for market share against Amazon.com Inc. and the
swarms of smaller outfits vying for a piece of the burgeoning online retailing business.>> BNBN will going full tilt to go after AMZN---they are the only obstacle left,the fact that the initial offering is 25 million shares shows how serious they are---in time it will be AMZN and BNBN and a bunch of also rans--Max90