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Technology Stocks : SHORTING BAMM -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (1)11/30/1998 1:30:00 AM
From: JC Reddy  Read Replies (2) | Respond to of 13
 
BAMM overall is a profitable company. It isn't too hard to develop a web-commerce strategy and put it in place. There can be more than one leader and BAMM, IMO, will play a significant role. I didn't found all books I needed on BAMM and at cheaper prices than AMZN. AMZN is spending way too much money on advertizing and buying non-relevant companies like Junglee. BAMM has an established market and doesn't need that expenditure.

In any case, shorting BAMM is not a good idea. Not at these prices. May be when it reaches the valuation of AMZN, we will talk about shorting and compare AMZN and BAMM. Until then, hold on.