SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?


To: Lane Hall-Witt who wrote (1333)5/24/1999 10:44:00 AM
From: Neil H  Read Replies (1) | Respond to of 1691
 
Lane

The patient will be rewarded. It is entirely possible that the rise we are expecting will come after the IPO! The volume is higher today as it was Friday. I feel the tree being shaken.

Regards

Neil



To: Lane Hall-Witt who wrote (1333)5/24/1999 10:50:00 AM
From: SwampDogg  Respond to of 1691
 
Just the reported increase in the IPO pricing adds almost another $2 cash to every BKS share not too mention the increase in the NAV after the IPO.
I have not approached BKS as a trader. I trade every day but if I was playing BKS I would have been playing the $32-$35 box that we had for the past 2 months. I remember when I bought AOL in August 1996 and it didn't go anywhere. I thought that I was right but the market did not agree with me so I sold it for a small loss. That $6000 investment would have been worth over $250000 at one point. I know a lot of people have stories like this. I just point it out because sometimes the market doesn't do what we want it to at a particular time but it does not mean that we are wrong. BKS is one of my favorite and safest internet plays out there. I am holding and I will buy more it it goes down. It will just be more af a steal.