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

To: Mark[ox5] who wrote (1122)	5/11/1999 11:37:00 PM
From: Stockwizard	Respond to of 1691

Mark: Merrill Lynch as of today, 5/11/99 rates BKs as a 'Buy-Value Stock'. That is a by-the-way.

To: Mark[ox5] who wrote (1122)	5/12/1999 12:13:00 AM
From: Glenn Petersen	Respond to of 1691

FWIW, according to the Book Industry Study Group, book sales have been flat from 1994 through 1998. We are talking about a zero sum game. To the extent that the online book retailers gain market share, the traditional retailers suffer, though BKS and BGP do suffer less than the smaller retailers as they are continuing to open superstores. We have all read the stories detailing the death of the small booksellers. Interestingly enough, book sales suffer during periods of prosperity; book sales actually increase during hard times when people are not inclined to spend much money on alternative forms of entertainment.

To: Mark[ox5] who wrote (1122)	5/12/1999 1:18:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 1691

Yep, Amazon has a market cap of 23 billion and is worthless. BKS has a market cap of 2.45 billion and is even more worthless. The whole internet is nothing but a quick way to lose billions. It's all a game of musical chairs to stick it to the last guy. And nobody reads anymore anyway. We're all on the net trading worthless stocks and hyping them continuously so we can get rich and someday get our own IPO. Or lose everything if we don't sell fast enough. And what are these computers anyway? Does anyone really know how and why they work? And what's this with software? It's free, right? They send me discs in the mail. So what DOES make money? Maybe everyone's just losing it, some slower than others. Maybe we should just short the entire world economy and hope that people all of a sudden catch on and realize their stocks, currencies, so-called precious metals, real estate, entertainment, sports victories, art, antiques, collectors item junk, fashion and all other non-essential goods are basically worthless. But if we shorted and won all we'd get would be more worthless money. Maybe we should just leave the cities, buy lots of guns and ammo, find a secluded place to grow vegetables and be done with it. The world's coming to an end afterall, isn't it? GGG - get your point - it's not perfect, but what is?