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Barnes & Noble, Inc. Message Board

  • genesis112 genesis112 Mar 4, 1999 1:50 PM Flag

    why does BKS keep dropping? eom

    eom

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    • Of all the companies I follow, this by far has
      the most unfriendly view, imo, toward
      shareholders.

      Management has kept all of us on the outside looking in
      towards the IPO float. When earning warning was issued it
      would have been the perfect time to shed a light
      concerning Ingram or IPO. But a gain they failed, knowing
      that earnings shortfall would kill the
      stock.

      We need to remember that this is OUR company. I have
      spoken to Andy in IR. He sounds like a broken record, "
      we cannot comment on IPO & waiting for FTC to give
      us a decision on Ingram."
      Lets voice our
      disapproval thru calls to 212-633-3300. We want some
      information
      TODAY.











      Good luck to all

      • 1 Reply to HGuerra799
      • I'm glad they're not out there commenting on
        Ingram and the IPO, which would probably be illegal --
        and at least would be highly
        unprofessional.

        But I do find their PR strategy laughable. Over the
        past two days, they've put out not one, but two, PRs
        on the sale of Monica's Story via bks.com. Contrast
        this with the fact that bks.com recently signed
        important deals with GNET and AHWY and didn't put out a PR
        to announce either deal. We learned about both deals
        by reading PRs that the partner companies published.
        (For quite some time, these announcements weren't even
        linked to the BKS ticker.)

        I can't for the life
        of me figure out what they're thinking in these
        cases.

 
BKS
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