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


To: Anaxagoras who wrote (1346)5/24/1999 12:00:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 1691
 
Anaxagoras, all of this excitement over BNBN is silly IMO. I think that the real issue is that BKS will be able to off-load a losing venture which will substantially enhance its profitability. In addition, when a secondary offering comes, BKS will be able to generate significant cash from the sale of stock. I am also convinced that significant incremental profit will be derived from the purchase of Ingram (which accounts for a significant portion of AMZN's book purchases).

TTFN,
CTC