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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

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To: Mammon who wrote (1038)	1/30/1999 12:20:00 AM
From: Matt Brown	of 2489

My take on the CFO resigning: I have seen it before in my town. Someone gets moved down the corporate ladder for making bad mistakes and the bro gets the big job. The other bro is envious and wants to get back. Best way to get the ultimate revenge? Try to manipulate that stock by leaving the company when it is about to hit an all time high in price, trying to overshadow the good news. But luckily, it seems he did not own many shares. Ilia and co owns over 50%. I just see the CFO resigning as a way to get back at someone who demoted him. Simple. Actually, if he was pissed off, it was probably better for him to leave since he controlled the "purse" around there! Matt P.S. I think releasing that first and giving the investors the whole weekend to digest it was a good thing. Might actually create a buying opp at AM..I doubt it though.

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