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

To: NAUGHTY NOTES who wrote (653)	1/12/1999 4:47:00 PM
From: Amir Feinsilber	Read Replies (1) \| Respond to of 1196

PRESS RELEASE!! 01/12 16:15 Books-A-Million, Inc. Announces Holiday Sales Results <BAMM.O> Books-A-Million, Inc. Announces Holiday Sales Results BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jan. 12, 1999--Books-A-Million, Inc. (Nasdaq/NM:BAMM) today announced that sales for the five weeks ended January 2, 1999 increased 3.4% to $62.3 million from $60.2 million for the same period in fiscal 1998. Comparable store sales for the five-week period decreased 0.4%. Quarter-to-date sales for the period November 1, 1998 to January 10, 1999 increased 3.5% to $98.5 million from $95.1 million for the same period a year ago. Comparable store sales for the same period have decreased 1.9%. For the first eleven months of fiscal 1999, sales increased 7.4% to $322.6 million from $300.5 million in the same period a year ago. Comparable store sales for the first eleven months of fiscal 1999 decreased 3.4%. Commenting on the results, Clyde B. Anderson, President and Chief Executive Officer, said, "We are encouraged by the essentially flat comparable sales for the five-week December period in light of lower year-to-date trends. In addition, we are experiencing improving comparable sales so far for the month of January. The Company achieved growth in its core book business as well as in music, cards, magazines and the cafe division." Books-A-Million, Inc. is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The company presently operates 174 stores in 17 states. The Company operates four distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., traditional bookstores and combination book and greeting card stores, both operating under the name Bookland, and Joe Muggs Newsstands. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements set forth herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current intentions, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, unanticipated increases in merchandise, salary and distribution costs, and the effects of increased competition on specific stores and the Company generally. --30--md/na* CONTACT: Books-A-Million Inc., Birmingham Sandra B. Cochran, 205/942-3737 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire