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Barnes & Noble, Inc. Message Board

  • stock_rod stock_rod Oct 5, 1998 2:03 PM Flag

    Maybe next time I will follow my first g

    And so goes the story, listening to people who
    say "come in the
    water is fine". BKS is
    downgraded, continues to drop, of course
    Amazon is way
    back up there. While it is hardly going to break me
    and I do believe BKS will come around in the long
    term, I do
    not like seeing my money sit there
    waiting just to be what it
    was worth when I invested.
    BKS makes great book stores but have parts of their
    brain missing - kind of like one of those brain damaged
    people who do one thing better than anyone but are
    clueless about everything else. Again, if they want to win
    they need to not fight the biggest guy (Amazon) head
    to head and use resources (the stores) to their
    advantage - incorporate the web with the stores.

    Next time I follow my gut feeling the first time.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • for now at least. They'll never generate the
      interest of E-Bay. You're talking about a company that
      doesn't know which way is up. Their not Jeff Bezos and
      crew who really are No.1. They should stick to selling
      books and hold down the fort. Sure the stock will
      suffer but it wasn't doing much with the IPO either.
      These guys are second tier in the internet world and
      will always be perceived that way, at least that's my

      • 1 Reply to Acquisitionminded
      • I know a bit about the internal technical goings
        on at BKS. Management simply does not listen to the
        people who know how to get the web end going. Everything
        that has been said, has been said a long, long time
        ago. They keep doing the same old thing because "they
        know better" and guess what? They keep getting the
        same old thing, the stock keeps dropping. All I can
        say right now is that I hope the stock stops dropping
        at the 21/22 range and turns around, if not we are
        in for the teens - of course that is my humble

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