SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim B who wrote (2351)8/24/1999 9:30:00 AM
From: gizmo&jack  Read Replies (2) of 2489
 
Jim, I am not sure if the IPO is NASD or NASDAQ, but the offering is for 2.5MM shares in $7-9 range (according to the public PR). And it is for 33% of the company. So if you assume &8 and no appreciation to be conservative, you're talking $20MM market cap, meaning that PRFM would hold 66% or $40MM worth of PF. PRFM's market cap is only $23MM. And that is just the IPO stake. PRFM's retail stores had almost $40MM in revenue in the 1st quarter alone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext