Boorstin doesn’t think Scholasticis overly dependant on Harry Potter sales. She adds Barnes and Noble (BKS) and Amazon.com (AMZN) are discounting the book so they’re not getting huge margins out of it.
Dylan asks the guys if there’s a trade?
Jeff Macke tells the panel to stay out of the bookstores. He says only Fedex (FDX) benefits from Harry Potter because they ship the book.
Boorstin adds that Scholastic could be a private equity takeover target.
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