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

To: Stephen who wrote (1187)	5/14/1999 12:58:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 1691

The important thing is how Wall Street will see BNBN and BKS. GS and Merrill are putting BNBN shares into the hands of their biggest investors who are promising to hold. They will promise them a reasonable shot at becoming the next Amazon. With their exclusive AOL deal they have an excellent shot at success. And BMG can help them add CD's, etc, if they want to. With few BNBN shares circulating, the price should appreciate sharply then hold well. Those who can't get in have no choice but to buy BKS which should benefit greatly. The stock is being artificially held down now but when it moves it can take out 40 in no time at all. Nothing much will happen today but next week start watching closely. I am holding comfortably and see no downside from here so long as everything goes smoothly with the IPO, which I believe it will.