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Almost pulled the trigger to short B&N stocks when they announced the Nook Color. My reservation was that the stock might jump crazy if some one decided to buy it. Now if the merger goes through and the new company keeps the Nook Color direction in the e-reader arena, then it might still be a short.
The Nook Color is a nice piece of hardware currently. But it is taking on too big competitions by going LCD against tablets. Within one or two years, the market for dedicated LCD e-readers will not contribute much to a big company's bottom line.
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