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


To: Fred Puppet who wrote (352)12/1/1998 10:47:00 PM
From: Patrick Shen  Read Replies (1) | Respond to of 1196
 
< Yes, getting rid of the stores would be a positive move for BAMM, but you won't see them do it.

No, they wouldn't do that. Not with this management team. I saw this posted on Yahoo message board. (This guy is a long, BTW) Take a look.

messages.yahoo.com@m2.yahoo.com

BAMM facts
by: JOEMUGGS55 (1807/M/Birmingham, AL)
6824 of 7539
I live in Birmingham, I know the Andersons and I am a big fan of Books a Million
bookstores. I own a little stock (very little, but worth alot more this week). I also have
seen many burned by these little pump and dump schemes.

Bamm is a family run company. Everyone on the board is either a relative or family
friend (although the last member of the board appointed last fall was Clyde's fraternity
brother). I find it amusing that people all over the country refer to this as an internet
play. This company has had a site for almost a year. They don't really own the site, it is
run by a webmistress. The site essentially just takes orders, which are filled from the
Birmingham warehouse in Oxmoor valley - the same warehouse they have used for
years. There are no new employees, though steve in marketing is heading most of the
internet related functions.

Anyone want to guess how many of the executive officers have COMPUTERS in their
office?? Not one. What this company does have is an established name in many
southern small towns, a very conservative management team with alot of experience in
selling books and magazines and a really cool new coffee shop concept (my
namesake).

An internet play it is not. Those of you who are new to this internet investing craze stear
clear of this one until you can read this board at night without seeing all the GAP UP
and GAP Down predictions (some of which are mine, but just to make a point).

Posted: Dec 1 1998 12:40AM EST as a reply to: Msg 6787 by chemicalmanie
Replies: View Replies to this Message