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


To: ThinkWithYourHead who wrote (74)11/27/1998 6:53:00 PM
From: JC Reddy  Respond to of 1196
 
Online bookselling is a tough business? BAMM seems to have every book AMZN has and for cheaper prices. I understand its a late comer to the Internet, but I don't think it is going to left too behind.

Besides, the rationalizing your short position isn't going to help you, really. I won't be surprised to see $100/share before it retracts. I would advice you to cover your short and short it when the volume comes down. 33million in 3 1/2 hrs isn't a common thing on the street. Something we haven't seen before.



To: ThinkWithYourHead who wrote (74)11/27/1998 11:03:00 PM
From: jach  Read Replies (1) | Respond to of 1196
 
AMZN is a 2$ STOCK <amzn is valued at 18.5X annualized third quarter rev..>

How can amzn be 18.5X third qtr revenue, when revenue was around 100m/qtr and the lost was growing more than ever.
BAMM is now making money (profits) and it is going to make money next year. Earnings is the key and revenue is not. If AMZN is at 210$, BAMM should be at around 2000$. all imo.

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Amazon.com, Inc., an online bookstore retailer, offers more than 2.5 million in-print and out-of-print titles. AMZN also sells a small number of CD's, videotapes,
audiotapes and other products. For the nine months ended 9/30/98, revenues rose from $81.7 million to $357.1 million. Net loss totalled $78.1 million, up from
$20.2 million