BN is a great showroom. But agree, their assets are mainly the real estate. The inventory is just a commodity, and a depreciating one at that. On the other side

BN is a great showroom. But agree, their assets are mainly the real estate. The inventory is just a commodity, and a depreciating one at that. On the other side of the Eq, B+N have had major impacts on the publishing side. The vaccuum that would be created there--in terms of losing the 800# gorilla on the buy side for trad. publishers-- is interesting to think about.