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Non-Tech : Parlux (PARL) Fragrances

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To: sam who wrote (467)9/26/1997 2:25:00 PM
From: Alan Wojtalik   of 527
 
If there are any owners of this stock left :-) what do you think of
PARL's proposal 1 on the recent shareholder ballot to stagger board
director terms? I understand that companies do this to prevent
hostile takeovers. At this point I would welcome a takeover!! But is
this proposal really in the best interests of the shareholders, or is
PARL management just trying to protect their jobs?

Any opinions welcome.
Alan
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