Oscar Gruss Analyst Skeptical on Liberty-BKS Deal, $17+ Value

Bill Kavaler, analyst for Oscar Gruss & Son, says strong competition in the consumer electronics department and the CEO's controlling stake will keep BKS value down even in light of a possible deal with Liberty. Apple's iPad and Amazon's Kindle, as well as forthcoming e-readers from Sony and other Asian firms, will limit the success of the Nook. Additionally, Barnes and Noble's CEO controls 30% of the company's shares and has made it clear that he wants to maintain his holding. These factors make additional Barnes and Noble bid scenarios unlikely. Download the full podcast for detailed analysis of BKS and the prospect of a deal with Liberty.