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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
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To: Benchman who wrote (342)12/1/1998 1:31:00 PM
From: Fred Puppet  Read Replies (1) of 1196
 
BAMM is a bricks and mortar retailer with a web site. The net is turning the bookselling business into a commodity business, which means that the gross margin will fall. Only the companies with minimal overhead expenses can survive. BAMM has high overhead expenses because they have to pay rent on all of their stores. They cannot compete with real net bookstores like AMZN.
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