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Non-Tech : Parlux (PARL) Fragrances
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To: Stingray who wrote (384)4/16/1997 9:06:00 PM
From: Frank Badini   of 527
 
With a book value of $4 1/2, this is a no brainer at $2!!! I bought in at $2 1/2, and then really loaded up at $2 yesterday... I know the $5mm restructuring will cut the book value to $4, but this is just too cheap!!! The stock is selling at 0.36X sales, and the company should be able to generate a profit... I think it's just getting way overdone!!
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