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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: TradeOfTheDay who wrote (8241)2/2/1999 1:12:00 PM
From: jlib   of 122087
 
"A FUNNY SORT OF SMELL. Perfumania tried to
tap into another kind of mania today. PRFM
announced the launch of its online perfume store,
delivering on a promise made in early January. At
least those nasty ladies can't squirt you from the
screen, but then again, do you really want to buy
what you can't smell? Anyway, Perfumania's move
was supposed to be Stock Price Resuscitation 101.
This upbeat news follows on the heels of last
Friday's announcement that the CFO would step
down. Last Friday, PRFM plunged; today. . . it
plunged again! PRFM closed down almost 40% at
$6 7/8, versus a high of $14. The old tricks aren't
working!"

pathfinder.com
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