SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (276)11/30/1998 5:24:00 PM
From: Bill McCullen  Read Replies (1) | Respond to of 1196
 
What BAMM has to do to be rewarded with a market cap similar to AMZN is simple - it has to lose a lot more money!

AMZN lost about .50 a share last quarter but BAMM was only able to lose .11. If they can find a way to lose 1.00 or more just think how high this stock might fly. Closing all their stores would help as they probably turn a profit on in-store sales - not very glamorous.

Selling books cheaper than AMZN is a good start as AMZN loses money on every sale then BAMM must lose even more money considering the lower price and lower economies of scale.

See ya.