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

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To: Glenn Petersen who wrote (1146)7/7/1999 9:17:00 PM
From: Wayners  Read Replies (3) of 1196
 
Does anyone remember the WMT is buying BAMM rumor back in Feb and Mar? Clearly what sparked that was people following CEOs around or somebody found out about a meeting(s) between BAMM and WMT for this deal. The thing to be careful of is the Anderson's selling into rallies like this one like they did in Nov. As I recall, and I need to check on this, the Andersons can sell at some point this summer, but I don't recall the date. It would not surprise me at all if the Anderson's delayed the actual announcement of the WMT agreement to a time when the Anderson's could sell more of their shares. Something to think about. Another thing, all BAMM runs in the past year have been short term spikes. BAMM has actually held up better this time, but don't get complacent. Be careful. The markets are generally not about companies at all in the short term. Its all about using every available tool and resource to screw with your emotions of hope, greed, and fear to cheat, rob and steal you blind of your hard earned dollars. In my opinion the Anderson's manufactured that rally in Nov. using that "enhanced web site" press release at just the right time.
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