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Revision History For: Perfect Data (PERF) Chance for a quick double

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Return to Perfect Data (PERF) Chance for a quick double

This stock is currently in play. Today, the company announced they are turning down a 5.50 takeover bid and the stock is up 5/8 to 3 3/4. In order for them to turn down such a high-priced bid the company must have something up their sleeve. Many are expecting a bidding war for the company. If you have not heard already, this company is a low-cost provider of internet access, have a www stock exchange and develop cleaning products for computers. They recently have undergone a major ad campaign to try to woo away disgruntled AOL customers with an 8.30 unlimited monthly internet access fee. At 3 3/4 with only 4 million shares outstanding this stock looks like a steal.