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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (11655)	12/29/2000 3:51:25 PM
From: Bob Rudd	Read Replies (1) of 78530

Paul: BAMM picked up some @ 1 1/2 - 1 9/16, being driven down by delisting from S&P 600 today - combination of relief from both tax-loss and index selling should give it a kick. Among your negatives: <<Book business has become ever more competitive, imo>> According to article in NYT, 'Quietly, Booksellers Are Putting an End to the Discount Era' channel.nytimes.com Major booksellers are laying down their arms in ongoing price war - discounts on best sellers are shrinking, online biggies are reducing the discounts. The return of more rational pricing could help profitability and it should, if not illusory, show up in reporting very soon.

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