B&N Education Has a Near-Monopoly, and Other Second-Hand Nonsense

Barnes-Noble-at-NOVA[1]Late last week Barron's published an article that argued B&N Education was undervalued. Alas, the article is behind a paywall, and what I am hearing second-hand makes me wish I could see the original:

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value.

The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge, New Jersey-based company only serves a quarter of U.S. college students, giving it room to grow, the newspaper said.

I really hope that article didn't actually say that B&N Education had a near-monopoly; I would have to question the intelligence of the original writer, and whether they had ever heard of something called the internet. And whether they were aware that most college students had cars.

Have you read the article? I think it's due for a fisking, don't you?

Update: And here's my response.

About Nate Hoffelder (11474 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader: "I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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