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Strategies & Market Trends : Tom and Craig's Stock Scans

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To: Tom Allinder who wrote (49)	8/23/1999 11:20:00 AM
From: Jorney	Read Replies (1) of 154

To: Teri Garner (90172 ) From: Jason Harlan Monday, Aug 23 1999 10:43AM ET Reply # of 90222 PRFM-----> Buy now ahead of next week. Perfumania.com IPOs next week. Here's why: Perfumania.com will trade under the symbol PF. 7.5 million offering, of which PRFM will own 67% of it, or 5 million shares. Let's say it prices at $9 in the current range. $9 x 5 million shares that PRFM will own ='s $45 million. ONLY 7 MILLION SHARES OUTSTANDING IN PRFM. New stake in PF worth $45 million. So $45,000,000 divided by 7,000,000 shares ='s $6.42 a share. PRFM now 2 5/8. PF not factored into the price of PRFM at all!!! Big runup expected into IPO next week, $5 easily possible... Just like DBC, IDTC, etc. Jason

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