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

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To: 45bday who wrote (775)3/5/1999 1:03:00 PM
From: Wayners  Read Replies (2) of 1196
 
$10 is the critical support level on BAMM. $10 might break intraday to pick up a bunch of stops. There's no way to predict whether support will hold. I think things are on hold until Wall Street is able to get some illegal inside information out of some BAMM employees on their sales numbers for the quarter and how well their website is doing. You know the usual Wall Street routine. Look for unusual option activity in either the puts or calls. I didn't short COMS but certainly could have when the upchannel didn't hold. I warned people about COMS and I tried to get people to sell on the earnings news. Of course very few people listened.
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