BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? Message Board

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

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To: Smart_Money who wrote (1085)	7/2/1999 1:49:00 AM
From: Smart_Money	Read Replies (3) of 1196

Another great post from Yahoo. Not many that good to share but this on is. "BAMM is a STRONG BUY. Do not be misinformed by ignorant shorters because a stock rocketed up one day. Maybe if BAMM is $100 in one month you may short but at these prices, staying long will make you 100%-150%. 1. Deals with WMT always work. If WMT wants to buyout anyone it is based on a valuation of the business. Online computer maker may be a dime a dozen with losing profit margin, high debt ratio, and low liquidity; but BAMM has been around 80 years. BAMM has proven they are highly prized, undervaluation with a low low price/book of 1.7 and enormous future growth. They are the third biggest bookseller. At 1/3 online AMZN valuation, the stock will still be $1000. 2. Exclusive. That means what it says. In addition to whatever existing deal they have with wholesaling, they will be the EXCLUSIVE bookseller for their online division. Also, similar to OEM manufacturers, don't you think they also have their own products which directly compete with their business customers. To further illustrate, paper companies sell their paper wholesale and retail but also to Office Depot, they are competitors but they co-exist and if feasible merge, so what! Finally, as supported by other well informed investor.... BAMM is worth at least a conservative $26 to $46 per share based on just the news so far. I predict the earnings will not simply double very quickly but skyrocket."

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