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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????

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To: 45bday who wrote (1173)12/28/1999 11:03:00 AM
From: Marty Rubin  Read Replies (2) of 1196
 
Short Interest for Books A Million (Source: Yest/Today's WSJ):

BOOKS-A-MILLION IN (Company); 2,885,982 (12/15/1999); 3,048,443 (11/15/1999); -5.3 (% Chg); 627,973 (Avg Dly Volume).

interactive.wsj.com

Copyright © 1999 Dow Jones & Company, Inc. All Rights Reserved.

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as to what i may think about bamm: it has a good chance to pump due to shorts' profit taking. will it happen? i don't know. but if you can hold for a few months i think you'll be ok. i don't like companies who sell online. there's just too much expense that is wasted. bamm didn't spend much and went to have a deal with wmt. i believe that the deal with wmt will break after it has enough power in the online world to distribute the books on its own. in a way they are hedging their bet. but i think it will take a year or two after their site opens (jan 2000?).

but that is just my opinion. you have yours.
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