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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: kendall harmon who wrote (41963)1/11/1999 10:06:00 PM
From: hoffy  Read Replies (3) of 119973
 
AFter the bell today and nice article from marketwatch on PRFM.
This should keep it moving tomorrow.
I still like VTCO to be THE big winner tomorrow after people read the news tonight about them joining the internet auction game. But PRFM will also move up.

Perfumania to pump out Web site

By Janet Haney, CBS MarketWatch
Last Update: 4:12 PM ET Jan 11, 1999NewsWatch

MIAMI (CBS.MW) -- Shares of Perfumania closed up 60 percent Monday after the company announced plans to start selling perfume online in time for Valentine's Day.

The perfume retailer (PRFM) said its Web site www.perfumania.com will set sail Feb. 1.

"We would like our international franchises and Internet affiliates to offer Internet sales in local markets with local prices and local product delivery, making Perfumania the only true global internet fragrance retailer," Ilia Lekach, chairman and CEO, said in a press release.

Perfumania operates 290 discounted brand-name and designer fragrances stores with approximately $180 million in annual sales. In addition, the company has a wholesale division which distributes fragrances and other products to national and regional chains, as well as wholesale distributors throughout North America and overseas
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