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

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To: Matt Brown who wrote (576)1/29/1999 12:06:00 AM
From: Billsig  Read Replies (3) of 2489
 
I am curious. I see everyone hyping this stock which leaves me with one question, "What makes this stock which traded at $4 a share 2 weeks ago worth over $12?"...Their earning are -$2.21 a share and there assets to earnings are -$9.50 a share..

I do not own this stock nor do I intend to own this stock with its current valuation. Do I feel the company has promise, yes. I bought a small portion of DGJLF today because of its affiliation with PRFM and because they sell jewelry and they also have a website. The difference is they are profitable. PE= 10 and assets to earnings are over $3.50 a share. I do not recommend to anyone to buy DGJLF because it probably wont go anywhere and I do not want anyone to lose because of me.

But I would really like to know what drives someone to buy stock that has tripled over 2 weeks with the company losing well over 20 million dollars. Doesnt anyone remember the fall from 45 -17 on DBCC and BAMM drop to 11.....

I wish everyone luck with this stock and I hope NO ONE gets caught at the top.
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