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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

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To: Jason W who wrote (252)1/23/1999 10:54:00 AM
From: stokaholic  Read Replies (1) of 2489
 
If PRFM is doing this e-commerce thing for real reasons, then there really is no benefit to them to try and temporarily jack the stock price. Although waiting is painful, we are probably better off this way. Besides, a press release last week (even one launching the site early) would have had limited effectiveness given the sharp sell-off in the Internet-sector.

If the leaders (AMZN,YHOO) continue to strengthen early next week, I would look for some "news" from the company.

S
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