To: Wayne Rumball who wrote (2772 ) 11/25/1998 10:06:00 AM From: Trumptown Read Replies (1) | Respond to of 12872
Wayne...do you agree with this Yahoo poster regarding the AMZN financial comparison to BAMM? Credible? Thanks, SR "If you take the yearly sales of $344 million and divide it by 17 million outstanding shares of BAMM, you get 20 bucks a share, that's ofcourse if BAMM was trading 1x their sales but in this case they're not, they are trading much less at .18 times their sales. Now do the same for Amazon, take their yearly sales of $423 million and divide it by 52.8 million shares outstanding, u get 8.01 a share if amazon was trading 1x their sales, but amazon is trading 25 times sales, in this comparison, AMZN is trading 138 times BAMM on this ratio, while Booksamillion.com sells the same best selling book that amazon does for upto10% cheaper. BAMM bookvalue $5.91 AMZN bookvalue $3.41 a share BAMM 17.4 mil shares out AMZN 52.8 mil shares out BAMM 11.5 mil float AMZN20.6 mil float BAMM has 170+ stores AMZN has 0 stores BAMM also sells booksonline AMZN only sells online BAMM is also a book distributor . AMZN is not Now compare the market-caps and bookvalues. Bertellsman enters the bookwars As far as bigboys, recently Bertellsman invested $200 million in to 50% of Barnesandnoble.com Bertellsman is the 3rd largest media company in the world. DISNEY and TIMEWARNER are the #1 and #2 media companies. Their rival Bertellsman already head of the game by investing into BKS(barnes and noble), my opinion is Disney will buy a book seller, Booksamillion is the best candidate IMO. They got the domainnames kidsamillion.com(that fits perfect for DIS) and about 9 other domain names recently registered also they have the stores. Booksamillion is a far better concept and better stores than Barnes and noble, and now their website will compete head on with Amazon.com, How? you say, simple, price...discounts...userfriendly. Buying a book at Booksamillion.com is upto 10% cheaper than buying it at Amazon.com, i just bought a best seller at booksamillion and it was cheaper than Amazon.com This is a hot 2 hot industries for the price of one, plus big boys like Bertellsman and DIS, TimeWarner all coming in. Everything about this stock is amazing. This is only the beginning. We need press! We need press! We need press! and none of this Ed McMahon crap!, need a real news release. Disclaimer: I am long BAMM from high 2's, I own a large position and believe in the company more than CEO and their underwriter RHCO. Truthfully if i had the money, I would buy every available share of BAMM with out a question. They have everything going for them. especially trading at .18 x sales, (not even trading at 1x sales, geeeeezh). I also believe lots of mm's are short and don't believe in this stock, i will enjoy seeing them bidding 10's 15's even 20's Go BAMM! #3 bookseller in the world"