We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Good questions. I was an employee at The SABRE Group when it was spun off from American Airlines. AA kept 85% of the stock - 15% was spun off to the "public". Ended up being a great deal for AA - not so great for the "public" yet.
I see some potential frenzy- it is after all the internet. Will it last? Should you buy it for the long haul? No- I don't think so. But as a short term investment, I'd say it has a better than average chance of success. I just bought a book from them yesterday.
I would just like to share with all of you my target of 200 on BKS- I arrive at this based on the fact that AMZN is worth 400 - because BKS actually makes money, they are of course not worth as much. I assume a 50% penalty is adequate, when factoring in Mgmt's abysmal lack of foresight in not losing money- thus I arrive at my 200 dollar figure.
My other stock targets are as follows- 100 on PAIR 400 on iom (money loser=good) 100 on Cien 100 on psft 200 on hal hey I like round numbers- just call me Abby the unknown