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

To: space cadet who wrote (1179)	5/14/1999 1:52:00 AM
From: RBB	Read Replies (1) \| Respond to of 1691

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... What about ZD. Is it on NYSE or NASDAQ? Give me a break! When ever I see bunch of negative posts consecutively, It gives me an indication that the stock is ready for a run up (because shorts are afraid and they are ready to cover their short position). ZD behaved similar way before the big run up. It is on NYSE and it ran up from 15 to 29 in few weeks. Don't give me crap about NYSE/NASDAQ or Specialists/MMs. BKS can run just like ZD, DBCC etc., People who own stock may want to wait for the IPO patiently and people with May options may roll them to June options. If you don't like BKS, sell it right now. If you are a short, obviously you will hang around with your negative posts. IMHO it is a waiting game and hopefully we (longs) are going to be rewarded for our patience.

To: space cadet who wrote (1179)	5/14/1999 12:01:00 PM
From: American Spirit	Read Replies (3) \| Respond to of 1691

Space Cadet, you wanna bet? BKS is no dog, it's the blue chip of it's class and will soon own 41% of the next Amazon with more than a billion in new cash in their coffers. GS and Merrill have been keeping this stock out of day-traders hands by boxing in it. The eviednce is on Level 2 (see Yahoo posts last few days). Who else would be doing this? And it doesn't cost them much at all. Picture this: BKS CEO meets with GS and Merrill and says, "yes we want BNBN to be spun-off and to be your client. But we don't want our stock bounced up and down by day-traders. GS and Merrill agree and suggest they can regulate the stock in the week or two before the IPO. But if you think they want, or will let, BKS stock fall from here you get them all wrong. They are in the business of making both BKS and BNBN stellar stocks. They have billions of their own money at stake and are big enough to swat down day-traders and keep the volumn low for the time being. But they WANT big volumn and price rise soon. They're just controlling the timing. As has been stated before, with BNBN a big success BKS's ownership in it will be worth most of their present market cap, which means you get the bricks and mortar business virtually for free. Wake up and smell the coffee. Next week things should really start to percolate. BKS will be back in the 40's very soon. Now is the time to buy and/or be a little patient not be negative and paranoid. I see BKS in the 50-60's later this year. These people know what they are doing.