According to the latest news, sometime in Jan 99. I guess you knew that. I have a related question. If BKS creates a separate company for IPO, why would this help BKS itself, since the new IPO and BKS would become competitors?
The Barnes and Nobles group own the online company. Although they are both in the selling business, BKS stores is the daddy and the online group is the offspring. If the offspring does well, 80% of the profit goes to the parent store. Also 20 %of the expense goes there, as well. BKS parent is pulling for the child offspring and ALL should profit if it takes off, and from the looks of the latest news releases, it has already gotten alot of attention and has plenty of folks concerned. Stocks should start to reflect that BKS is in a really nice position real soon, IMHO.