Perfect Data (PERF) Chance for a quick double Message Board

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Microcap & Penny Stocks : Perfect Data (PERF) Chance for a quick double

PERF 1.800

+2.3%

Dec 31 3:59 PM EST

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To: stockvalinvestor who wrote ()	12/30/1999 7:13:00 PM
From: happyinvestor	of 178

Important news today PERF posters. Wake up! Where are you? 12/30 13:36 PerfectData Announces Sale of Investment Securities and Participation <PERF.O> PerfectData Announces Sale of Investment Securities and Participation in Development of Exciting New Web Sites and Internet Technology SIMI VALLEY, Calif.--(BUSINESS WIRE)--Dec. 30, 1999--PerfectData Corp. (Nasdaq:PERF) today announced that it has been raising cash through sale of some of its investment securities to bolster its capital structure and position itself for strategic growth opportunities. The company has a strong financial base with a healthy balance sheet, a current ratio of 10-to-1 and no long-term or short-term debt as of the latest reporting period. The company will participate in the development of exciting new Web sites with joint-venture partners and advance its opportunities in business-to-business and e-commerce applications. Management continues to seek ways to create shareholder value and is involved in discussions with potential merger and joint-venture partners.

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