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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Momo Dog who wrote (11058)	7/6/1998 11:19:00 PM
From: Peter V	Read Replies (1) \| Respond to of 18691

Funny you should mention CRWN. SAAdvisory is mentioning CRWN today as a possible takeover candidate for the internut book sellers: <<<Subject: Investment FLASH for July 6, 1998 from www.saadvisory.com Dear E-mailer's: saadvisory.com Consider that Amazon (AMZN) sells books on the Internet --has a market cap of 9 billion with limited revenue. Have to be crazy to own this !! CONSIDER THIS! Crown Books, Inc. nasdaq--crwn current price $2.00 1. 5.2 million shares outstanding 2. book value around $5.65 3. cash/share as of last quarter $1.15 4. $48 million NOL 5. new management and new ownership of 52% of outstanding 6. 52-week high $13.50--low .625 7. revenues of around $300 million Management is considering Internet site for book sales!! AMZN has a market cap of $8-$9 billion, while CRWN has a market cap of $10 million! Company is possibly for sale, but we believe that new business plan is being worked on. Losses appear to be narrowing--We really believe that this may become an Internet Play.. Check out the current SEC quarterly report---We are extremely interested in this situation. Barnes and Noble, AMZN or other could BUY CRWN for additional market share.. The NOL is possibly worth $4/ share alone!! We believe this will pop tomorrow! Yours Truly, William Velmer>>>