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Barnes & Noble, Inc. Message Board

  • yaharata yaharata Aug 30, 2010 9:06 AM Flag

    I am voting for Yucaipa.

    That's the only way to make Riggo bid for the company. And then Burkle will bid too.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If he wants to take the company private, wouldn't a lower stock price be in his best interest in buying out the shares? Suspend the dividend and watch the price nosedive.

    • Since Riggio is considering taking the company private, paying the dividend wouldn't really be a long-term move at all.

    • A couple of minutes ago, someone called me on behalf of BKS to vote the White Proxy for Riggio. That's the second call I get about the White Proxy. I told the dude that if in fact the court had already "outlawed" Mr. Burkle, then nobody should have allowed him to have sent Gold Proxy Statements. These were very convincing. It's common sense to let "new blood come in and let the Riggio's and Company out". Some of the Riggio's are getting paid more than the President of the U.S.

      I voted Gold but the dude on the phone said a court had already ruled against Burkle. The dude on the phone tried to convince me that Burkle isn't paying shareholders the right price.

      The man on the phone sounded honest.Shareholders shouldn't be confused by Burkel, Riggio, or anybody's agenda to enrich themselves. All I know is that BKS has to reach $20.5 to break even.

      Burkle shouldn't have been allowed to send the Gold Proxy which confused me and many shareholders.

      I voted Gold to get the tired old blood out and bring new ideas in. If new ideas and a takeover comes in it's reasonable to guess the stock could reach $21 per share.

      What do you men think?

      • 1 Reply to carlosizquierdo2000
      • I'm afraid if Burke wins on the coming Conference Call Riggio can connive to send BKS to $5.50 from today's $15s.

        Look at the Italian Mafia, at Al Capone, at Ponzi Schemes, at Al Gotti, et-cetera. All these dudes were of Sicilian or Italian origin and were dishonest, treacherous, and vindictive.

        I pray to the holy one that this BKS Proxy Fight will only turn out to benefit shareholders. BKS could turn out to be a bidding war between Riggio and Burkle.

    • You voted for Yucaipa.

      I voted under Yucaipa's Gold Proxy.

      What about my fear that Italians (Mr. Riggio) could get revenge and harm shareholders and Yucaipa by smashing the price per share of BKS?

      Someone under Mr. Riggio called me yesterday requesting me to keep the status quo.

    • My sentiments exactly....

    • There's a thread with this matieral already around. I encourage you to post in existing threads with the rest of us!

      • 1 Reply to financebill
      • The cliff-notes from that thread. Vote against the "Shareholder protection plan" and go with Ron Burkle. This should help get those scum bags at BN to ante up to all us little guys that have gotten screwed with their self dealing.

        Who knows how profitable this company should really be? It's certainly possible that Riggio is stuffing all the profits in their own pockets to get the share price down for their own buy-out considering how much they pay to companies they hold privately.

        At worst voting with Ron Burkle will result in over 10 million shares being bought from the float and massive covering of the 12 million shares sold short right now.


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