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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: TheGodfather (Hijacked) who wrote (1145)7/7/1999 8:28:00 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 1196
 
If I considered BAMM to actually be an Internet stock, which I don't, I would compare it to EBAY, AMZN and YHOO. If I am not mistaken, BAMM has never disclosed their Internet sales. I just took a look at their most recently filed Form 10-Q and could not find the disclosure. Please correct me if I am wrong.

sec.gov

If BGP were actually interested in BAMM, it would be for the bricks and mortar, not the Internet site. My point yesterday was that, given the disparity between the profitability of BGP and BAMM, it is doubtful that BGP would want to acquire a chain of stores less profitable then the ones they already own. BGP continues to successfully roll out its superstores and I doubt that they would want to take on the task of fixing BAMM.