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Non-Tech : PARL: Parlux Fragrances, Inc.

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To: Crossy who wrote (4)7/3/2001 2:43:18 PM
From: Kahlua  Read Replies (1) of 10
 
Crossy,

On CCAM - if they deliver .05 that's implied fwd P/E of 6
I think as their growth becomes more apparent the PSR at around .22 right now will have to expand toward 1.

Actually the valuations on both CCAM & PARL were and still are compelling as long as we stay out of a consumer recession, which I think we will (until next year) but as the market sniffs a recovery in the 2H (comparisons to last year's #'s market wide will be far less abysmal than lately) and as long as PARL and CCAM continue to execute and deliver excellent earnings, the valuations should expand and hence their stock prices should follow.

TA Wise:

P&F Chart of CCAM shows resistance at 2 the Bearish REsistance Line (red) which might be tricky to break near term.

stockcharts.com

P&F Chart of PARL shows a clear breakout and now look for big resistance at the 4 - 4.25 level which serve as a temporary brick wall medium term.

stockcharts.com

Again, the risk/reward was compelling and I appreciate you for bringing these up!!!

Kahlua
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