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: American Spirit who wrote (1443)5/29/1999 12:56:00 PM
From: Daskin  Read Replies (1) | Respond to of 1691
 
AS, you don't need to feel guilty about promoting BKS and failed. Everyone should be a judge of his/her own investment. People make mistakes, it happens. Timing is too bad for BNBN IPO. Yes, there was not a single spike before IPO, which means the market evaluated that BNBN has been priced in BKS as 35 dollars totally. As Glen's calculation, I think BKS alone should worth 35. I am not sure BNBN is undervalued or not, but obviously BKS is. I am not going to take loss and run. Good luck!



To: American Spirit who wrote (1443)5/31/1999 3:07:00 AM
From: Stephen  Respond to of 1691
 
AS ... I mentioned a couple of times my experience with TNO & MMPT & tried to warn everyone. BKS & BNBN went exactly the same. In short, don't do back door IPO plays with anything other than a nasdaq parent .... & .... in BNBN's case, ... I also feel the float is too large for a good internet play. The internet is the hot sector ... but it could be any widget ... as long as its a good trading vehicle. If you have an internet play that isn't a good trading vehicle ... the chances of it going awry is much greater.

Best to put this one down to experience .... but remember the lesson for next time !!!

Stephen