Tuesday, August 9, 2011


Click to show "Barnes & Noble" result 5

News Alert
Barnes & Noble has been under attack from Amazon for years whether it be the physical bookstore retail model, or e-books and e-readers. Now the company is evaluating"strategic alternatives" including a possible sale.

In the short-term, the Barnes & Noble news certainly boosted shares, up roughly 25 percent to $16.04 after hours.

In the long run, it remains to be seen whether a Barnes & Noble sale or effort to take it private will bolster its efforts against Amazon. The e-reader stakes are getting higher and perhaps Barnes & Noble's management will have an easier time making big bets without quarterly scrutiny. At the very least, Barnes & Noble's statement indicates that it thinks it deserves more credit then it is getting.

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