Anybody read the Barron's article this past Sunday?
This is NOT good news....
Sun Aug 28, 3:17 PM ET
NEW YORK (Reuters) - Shares of bookseller Barnes & Noble Inc. may be good value for investors, while those of its rival Borders Group Inc.may fall in the short term, Barron's said in its Sunday edition.
Both booksellers' stocks have had nice runs since March 2003, but investors seem to prefer Barnes & Noble to Borders, the influential business journal said, even as book sales see low growth across the board.
Barnes & Noble has made its stock more attractive by the recent purchase of $15 million worth of shares by Chairman Leonard Riggio and the recent introduction of a quarterly dividend, said Barron's.
Borders, with lower sales in its international division and recently weak music sales -- a significant slice of its revenue -- may see its stock fall in the short term. The stock may recover longer term, Barron's said, as store remodeling and management initiatives like moving toward cafe, gift and stationery sales, take effect.
Barnes & Noble shares closed at $37.22 on the New York Stock Exchange on Friday, while Borders shares closed at $22.62.
:-( :-O
Wow - they're quite the brilliant over there aren't they?
Forget books - the $$$ is in the cafe, and stationery items!
Move over Hallmark - here comes Borders.
Undoubtedly that means we can anticipate even more demeaning products like those repulsive "toss" things.
"toss" things? I shudder to think what those might be. (Well, our customers think that that includes most objects in the store.)
There is also a pig tosser and the most awful one of all
The Baby Shower.
The awful thing is that the damn things seem to sell. (except for the baby shower one)
"Move over Hallmark - here comes Borders."
If only these were that dignified! Spencers is more like it.
this stuff is truly awful...except for the boss toss. every gm should get one for xmas.