pulled this off of YAHOO. Sounds about right to me thought I would share.
BAMM!! no longer a question of who! BAMM +AMZN!!!
by: daytrader4life (41/M/Washington, DC) 15619 of 15619
This was on the news wires tonite. This is saying no way on EGGS that AMZN wants to expand there business!!!! BAMM is the ideal expansion add CUSTOMERS, DISCOUNT SECTION, BRICK AND MORTAR, NEW MARKETS to fuel growth. How about AMAZON.COM STORES I can see them making a STRONG MOVE on the whole INDUSTRY! The hottest BOOK, DVD, CD, MOVIE store in town!
SEATTLE, Feb 4 (Reuters) - Egghead.com Inc. rose in heavy trading Thursday on persistent speculation the Internet retailer could be a takeover target, analysts and traders said.
Egghead rose 3-5/8 to 21-1/8 on Nasdaq volume of nearly nine million shares, compared with a daily average of 5 million.
An Egghead spokesman, citing company policy, declined to comment.
The rumors seemed to be fueled in part by an article in the online edition of Smart Money magazine that speculated Egghead.com, among others, might be a good fit with Internet retailing giant Amazon.com Inc (Nasdaq:AMZN - news).
An Amazon.com spokesman also declined comment, but analysts said they doubted any such deal was in the works.
''If Amazon.com wanted to sell software they could go straight to Ingram Micro,'' the big distributor, said Ken Cassar, a retail analyst for Jupiter Communications.
But he and others said Amazon.com likely would do more acquisitions in the future aimed at expand its offerings to more product categories and more geographic markets.
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