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

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To: Mohan Marette who wrote (354)12/1/1998 6:24:00 PM
From: Grant  Read Replies (1) of 1196
 
Please correct me if wrong. BAMM has a redesigned web site. They have been on the web for some time. How is a redesigned site going to generate earnings to support the recent PE ? Amazon is growing because of advertisement, not price or friendly use of site (IMHO). True the recent run up and volume will attract attention to the site by investors , but not the general public. Who ever heard of BAMM before the mania. When the volume dries so will the PE (again IMHO ). I have no position now , sold at 37, would get back in if I could resolve the above concerns.

Would appreciate thoughts,

Grant
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