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

To: Mohan Marette who wrote (144)	11/29/1998 2:23:00 PM
From: Gil Gilbertson	Read Replies (2) \| Respond to of 1196

Any insider who can sell should lighten up. These fairyland prices are all speculative due to newness of the net and ecommerce. Hard Facts: Today I went online at BAMM and bought "Inventing Wyatt Earp" They were 10 per cent less that Barnes & Noble and same on AMazon. However, the point is that it is not difficult to get into the online book business and they will all be pressed to cut lower and lower. Thats how the free enterprise system works. Soon this reality will overcome the mania and we will see some real adjustments in the stock prices of all of them. They may go higher because no one knows how many shorts there are or how many bigger fools, but we do know that reality always returns sanity to the marketplace. It seems to me that the best "Investment" would be in FEB puts with an excercise price about 33per cent below current prices...gil