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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Generic who wrote (81484)	7/2/1999 1:19:00 AM
From: Smart_Money	Respond to of 119973

I love the article. If you read closely the last 2 paragraphs said. sorry for the Caps, only for my wording only. "Books-A-Million, through its wholesale unit, already supplies books to Wal-Mart's Sam's Club warehouse stores." NOT WALMART. "Anderson News Corp., a closely held company run by the brother of Books-A-Million's president, supplies Wal-Mart stores with books, music, and magazines." NOT BOOKS_A_MILLION "The agreement with Wal-Mart affects only Books-A-Million's wholesale operations, a Books-A-Million spokesman said. The company will continue to sell books through its own Web site, which will compete with Wal-Mart." BAMM ALWAYS HAD WHOLESALE DIVISION THIS INCREASE BUSINESS. IT DOES NOT MATTER HOW YOU SELL ITS HOW MUCH YOU SELL.

To: Mr. Generic who wrote (81484)	7/2/1999 1:24:00 AM
From: Smart_Money	Respond to of 119973

"Books-A-Million also will supply book-related merchandise." that is even better news. This will give Book a Billion additional reven. Just wait till christmas. perfect timing imo.

To: Mr. Generic who wrote (81484)	7/2/1999 4:51:00 AM
From: If only I'd held	Read Replies (2) \| Respond to of 119973

BAMM, You know what the funniest part is right??? Actually 2 items to be concerned with..... (1) Wal-Mart will probably wind up selling the books for the same price as BAMM if not cheaper on their website, which will actually hurt BAMM because Wal-Mart will be getting these books for close to no mark-up from BAMM, and hardly marking them up themselves. This will kill BAMM's retail end. Why go to BAMM when you can pop-in to Wal-Mart and get a book and pick up some patio furniture and bulk gummy bears at the same time?? (2) It is likely that what Wal-mart sells over their website, they won't sell at their brick and mortar store. So there really won't be much of an increase in buying from BAMM. A book is a book is a book is a book. Your gonna buy them somewhere. Walmart isn't gonna dominate the book industry on the net. They will just cut into the pie a little. And they will take a peice of that pie from BAMM, in the sense that BAMM won't be getting from Wal-Mart what they can get on their own site. It will ultimately lower BAMM's margins. And BAMM is already forced to compete with (AMZN.give it away at a loss.com) just so that our stock will go up, (the company). I see so benefit at all to BAMM here, except that Joe was dumb enough to buy the news and tell all his followers to buy it from him. It's a momentum play. When the momentum runs out, it's crash and burn time.