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


To: Lord Smooth who wrote (69)11/27/1998 6:19:00 PM
From: Kenneth M. Koff, CPCU  Read Replies (1) | Respond to of 1196
 
To All:

BAMM might lose some 'regional' sales, but, after all, its bricks & mortar outlets are just that: regional. With an enhanced website AND cheaper prices than major competitors, BAMM now has the entire world as its potential market.
And, hey, these folks are already making money in their 81-year old business. Yes, I'm long the stock, until and unless someone convinces me it doesn't deserve to be priced more in line with AMZN.



To: Lord Smooth who wrote (69)11/27/1998 6:21:00 PM
From: ThinkWithYourHead  Read Replies (2) | Respond to of 1196
 
If you have substantial long internet stock positions (as I do), then shorting bamm, which I think will clearly underperform REAL internet stocks, REDUCES the risk of your overall portfolio. If bamm manages to go up from here, REAL companies will in time go up more. On the other hand, if the internet mania temporarily fades a bit...bamm ought to go down more.

P.S. Thanks for agreeing. I expected nothing but flame given the previous posts on bamm.