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: John Bissell who wrote (843)	3/17/1999 1:16:00 PM
From: Iceman	Read Replies (2) of 1196

I'm not worried about the short sellers, if anything they helped fuel the running up yesterday. Today the stock is backin' and fillin'. Earnings will drive the stock tomorrow, not what short sellers may think. I'm hoping for 125 million plus for the quarter end. The most important number will be on-line sales for the quarter. If the company could be viewed as a internet company instead of a traditional book store retailer, the stock will start to trade with a whole new set of valuations methods. The PE ratio will be thrown out the window and we can start to see $25 plus plus. But I'm dreaming now and would be happy with a $13.00 price. The downside is that the same store sales will be down, mainly due to retailers like amazon.com. Stock presently 11 3/4 will buy back the half position I sold yesterday if it gets to 11 1/4 today.

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