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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
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To: D Purcell who wrote (535)12/16/1998 5:18:00 PM
From: JC Reddy  Read Replies (1) of 1196
 
There is a big difference between BAMM and AMZN (at least the way analysts perceive it).

AMZN is a pioneer. It is positioning itself not as a retailer on the net, but as a technology company pioneering in Internet Commerce. I agree, at $300 it is 10 times overvalued, but every Internet company is. AMZN has a vision. AMZN is developing technologies that will probably revolutionize E-Commerce. BAMM remains a retailer without a vision of E-Commerce. And it will always remain as a retailer.

Check out AMZN's shop-the-web service. They will move towards becoming a lead link between consumers and suppliers.

That's where AMZN's value is. Anyone can start a retail online shop. But AMZN is interested in something else and we will see the how the dots are linked in the future.

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