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Barnes & Noble, Inc. Message Board

  • major90274 major90274 May 20, 1999 11:26 AM Flag

    A voice in the wilderness


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    • If you take last year's earnings minus
      non-recurring income, but including BNBN losses and multiply
      that by the industry average P/E ratio, we get a $22
      price. Dirt cheap. If you take next year's earnings
      estimates and multiply that by BKS average P/E ratio, we
      get a $64 price. Minimal downside, maximum upside! If
      you want to play daytrader, buy BNBN. If you want to
      invest in a quality company for 2 months or more, buy
      BKS. Hell, buy them both!! Remember, BKS owns 41% of
      BNBN. FWIW, I think the market will retreat further
      this week but, come next week we'll see the beginning
      of another pre-earnings season runup.

    • BNBN ended the day up 28%. Not a rocket ship, but
      look at the market. Not damn bad. I bought some at 24
      13/16. Added this to the BKS shares I hold long. If
      either drop further, I am buying more of both.

    • I would have to say is Cosmo Kramer. He said BKS would be in the 20's and the IPO would open flat. Seems reasonable.

    • Seems to me that he got it completely wrong in
      his post. He called BNBN at over $100 by the end of
      trading today and thought BKS would rise as investors saw
      this as a way to play BNBN. If, as you say, that post
      was the smartest one on the board, then I would be
      interested to see the "stupidest" - and follow his/her

    • the board read mr. crestohol message # 10458.
      enuff said.....

      p.s. also close right
      behind patterns, unix, trading turk, didee etc the
      people who have no lives except to pontificate on the

    • My paper said Monday, this article doesn't give
      dates except that its next week for any of them. But
      the rest of it can be found at
      http:\\ and then click to the IPO CENTER (on right) and
      look at headlines. Can't find story by search since
      bloombergs does not yet recognize the BNBN ticker

      Three Internet companies --
      bookseller Inc., securities broker DLJdirect,
      StarMedia Network Inc., the largest online network in
      America, will lead next week's initial stock sales., the 2-year-old online bookseller owned
      Barnes & Noble Inc. and Bertelsmann AG, plans to sell
      million shares at $11 to $13 each, raising $300
      DLJdirect, the online brokerage unit of Donaldson Lufkin
      Jenrette Inc., plans to sell 16 million shares at $18 to
      each, raising $304 million. StarMedia Network Inc.,
      whose Web
      site caters to Spanish and Portuguese
      speakers, plans to sell 7
      million shares at $10 to $12
      each, raising $77 million.

      Investors will snap
      up shares of the three New York-based
      said Tom Taulli, an IPO analyst based in
      California who is the author of ``Investing in IPOs.''

      The overall market for Internet IPOs remains
      strong,'' Taulli said. Even so, ``there are more Internet
      IPOs to
      choose from, so investors are gravitating
      towards those they have
      heard about. is well known, thanks to the name of
      parent, the largest U.S. bookseller, and has
      exposure through Bertelsmann, which is the world's
      media company.

    • Thanks for invite..I sent you
      email..Seems I might miss all
      the fun.

    • There has been insider activity at the companies
      indicated below. Company: � � � � � � � � � � � BARNES &
      NOBLE INCTicker: � � � � � � � � � � � � <A
      Trans Type: � � � � � � � � � � 144

    • There were no new filings by insiders to sell additional shares

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