Is Borders going away soon?

[javasaurus]

Borders (yes, the book store chain) stock has dropped dramatically in the last year, from a several-year average of about $23 to a low of about $8 yesterday, and today has been slammed to about half of that.

I know there was some talk of a Barnes-and-Noble purchase of Borders, but is B&N really doing any better in this Amazon/Wall-mart world?

EDIT: Apparently they are open to the idea of merger/sell-out, but they also have enough funding to continue operations for at least a year while they try to rearrange their business model. They'll probably sell-off more international subsidiaries, and create their own e-store (they've been working with Amazon). They'll probably change their Borders Rewards program again too.

Comments

[sparowe]

Down here, it doesn't affect me too much... the only Borders is in downtown Nashville, and you really have to want to go to bother. Fact is, by the time you get that far, there's a good used bookstore. On the other hand, I'd hate to see B&N get ahold of their Rewards program, given how their own is run.