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

To: Daskin who wrote (1178)	5/14/1999 1:21:00 AM
From: space cadet	Read Replies (2) \| Respond to of 1691

I sincerely doubt that the big boys have spent all this time and energy pinning the may 35 options to be expire worthless only to suddenly allow the options to soar in this final week of its life. That's wishful thinking. As I said previously, it appears as if GS et al have decided to screw the short term traders/option players. Thus they will NOT announce any news such as the IPO date or anything else which might suddenly drive up the stock price of BKS. So you people holding out for a miraculous surge next week are playing way way against the odds. It of course might still happen, but I'd give it less than a ten percent chance. It's more likely that BKS will go down from here, not up, if it moves at all. Whether there might be a one day surge on the 24 or 25 when the IPO happens is very hard to tell. If there is, I doubt the surge will last for more than a few hours. Clearly, BKS is a "dog", and BNBN is where all the run-up will be. I wish it weren't so, but it's time to face reality on this thread. This is one backdoor IPO that didn't work. I believe it's because it's on the NYSE, from now on I'll stick to backdoor Nasdaq plays...