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

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To: Patrick Shen who wrote (364)12/2/1998 7:14:00 AM
From: Mohan Marette  Read Replies (1) of 1196
 
So if you think the BAMM management is dumb and bunch of yahoos and have no prospects,then staying away from it seems like a smart thing to do,unless you want to short the stock.

This what the BAMM managemnet have said recently

..."The Books-A-Million site, (www.booksamillion.com), offers discounts of up to 46 percent, through its Millionaire's Club Discount Card, on books that are bestsellers in its retail stores.

By contrast, Amazon.com, the leading online bookseller, offers discounts of up to 40 percent on selected titles.

Books-A-Million also promises cardholders 37 percent discounts on all other in-stock hardcovers and 28 percent off all in-stock paperbacks.

''Through our Web site, we hope to extend this franchise to a broader audience,'' Books-A-Million Chief Executive Clyde Anderson said in a statement, referring to the Internet's national or even global reach.

''We believe we can bring the diversity and excitement of our retail stores to the Internet, and we will be continuing to add new products and features in the months ahead,'' Anderson said......"
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