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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 (206)11/30/1998 9:02:00 AM
From: fred woodall  Respond to of 1196
 
BAMM trading all over the place before open. 44.0 (+5.063)



To: ThinkWithYourHead who wrote (206)11/30/1998 9:03:00 AM
From: jach  Read Replies (1) | Respond to of 1196
 
oh!oh! BAMM at 43.5 and growing. Buy now or will be too late! imo

BAMM - BOOKS A MILLION INC
Link to:


Last
38 15/16

Current Yield
0.00%

Change
+0

Volume
59,000

Bid
43 1/2

Bid Tick
+

Ask
39 1/8

EPS
$0.26



To: ThinkWithYourHead who wrote (206)11/30/1998 9:07:00 AM
From: Killian  Respond to of 1196
 
Buddy, you are definitely NOT thinking with your head!!! Cover now and go LONG! It's not too late!!!

kevin



To: ThinkWithYourHead who wrote (206)11/30/1998 9:17:00 AM
From: jach  Respond to of 1196
 
44.75 now. Will likely open at about 48 to 52.



To: ThinkWithYourHead who wrote (206)11/30/1998 1:03:00 PM
From: Fred Puppet  Respond to of 1196
 
People here are totally missing the big picture. Five years ago 0% of books were sold over the internet. Five years into the future xx% of books will be sold over the internet. Although the medium of sales changes, the total number of books sold doesn't change significantly. The total bookselling profits may stay about the same, but will probably decline due to the ease of price competition on the net. So, the total profits shrink a bit, and they shift from the bookstores to the net. Obviously, the problem with BAMM is that they own a lot of bookstores, and profits are moving away from bookstores. Declining sales in these stores will rack up tremendous losses, and internet sales can't pull them into the black. The one major change that the internet will make in American retailing is that traditional store based retailers will be squeezed hard by internet price competition. In other words, BAMM will be a casualty of the internet, not a beneficiary. I doubt they will survive long.