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Do you think the current slide is due to its losing of IT VP?

Scott
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No. There is some press going around saying the booksellers are cutting margins on each other over selling Harry Potter, so it won't be a positive event for them, like in the past. Plus the general overall concerns over the bricks and mortar booksellers. I am out of BAMM right now. Got out when they went above 20 and PE was above 20. There was no way they were going to grow that fast. They have been growing low single digits but managing the bottom line very well, so had good earnings the last couple of years. Question is if most of those productivity increases that are available have been found already. But with a PE of 10, BAMM becomes interesting again. I will probably buy some tomorrow.
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No. There is some press going around saying the booksellers are cutting margins on each other over selling Harry Potter, so it won't be a positive event for them, like in the past. Plus the general overall concerns over the bricks and mortar booksellers. (personally I buy all my onlin ebooks from BAMM, they are the best prices, free shipping over $25 and fast delivery). I am out of BAMM right now. Got out when they went above 20 and PE was above 20. There was no way they were going to grow that fast. They have been growing low single digits but managing the bottom line very well, so had good earnings the last couple of years. But same store sales have been declining the last few quarters which is not a good sign. Question is if most of those productivity increases that are available have been found already. But with a PE of 10, and div of 2.5% BAMM becomes interesting again. I looked into it a bit tonight, and looks like it not a screaming bargain yet, but getting closer. Might be time to buy a 1/3. Tom
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had some connectivity problems while I was posting my reply. I looked into the company some more and personally I would not buy just yet. If they get down to $10 and not other news comes out, I will probably buy.
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