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: Patrick Shen who wrote (436)	12/5/1998 4:01:00 PM
From: Phillip C. Lee	Read Replies (1) of 1196

BAMM's third largest book store, however, it doesn't matter how big it is. AMZN is smaller than BKS, but its popularity and stock is well above BKS'. Don't talk about all the BS about MM's since you're not an MM and don't know what MM's are thinking. If you rather short the stock or still in the short position, please do so. I'm afraid you're going to lose the game. From past trading pattern, it's obvious too many shorts in this stock that creates imbalance in the current situation. Those who hold long will not give up their positions. He he.., It's interesting to see how shorts push this stock further. As I said before, it's extremely difficult to pull down further unless shorts volume shoots up more than outstanding shares. MM's actually take the position that majority of investors do, that will ensure them to make a profit. At the current level, I am afraid the longs are majority in the pool. If you are short, I advise you to take the profit and run before it's too late to cover yours. Phil

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