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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY
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To: Colin Thorpe who wrote (659)1/29/1999 11:17:00 AM
From: Rande Is  Read Replies (1) of 2489
 
Believe me, your little sells here and there hardly matter, when considering the new buyers that keep coming. A concerted attack by shorts will tank the biggest of stocks when the volume dries up. . .that is just the way momentum/daytrades work.

And that is precisely why we at HOME got in around 3. . .so we don't have to sweat the big sweeps when the stock's volatility increases.

I am glad we did not see too big a pop today. If so, we would have nothing to look forward to on Monday. If Joe Kernan gets hold of PRFM on Monday morning, [is he back from vacation?...traders love him], then the mass viewing audience of investors will hear their first words about Perfumania.

I may buy some extra shares on MONDAY morning just for the daytrade, if it looks like Kernan is about to talk about it. . . too often that leads to a CEO appearance and I have already said what I think could happen if we get that on Tuesday.

One thing is for certain, I won't be selling off shares of PRFM on Monday morning, until Kernan has had ample time to "discover" another internet e-commerce high flier. I want to hear the way he pronounces "Perfumania."

Any rumored alliance deals are just gravy, IMO. Wouldn't surprise me though if we see a new announcement each day next week. . .that is usually how the PR firms milk these things, IMO. But the meat is in CNBC. . .that is what launched BAMM.

Rande Is
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