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

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To: Lee Walsh who wrote (682)1/29/1999 12:50:00 PM
From: William Bach  Read Replies (1) of 2489
 
First thanks. I think your post first tipped me off to PRFM in the 3's! However, given the volume of new buyers we are getting today before most of the world has even heard of the stock makes me think Monday, when news is announced, will be huge. Honestly, I think the end of the day will have panic buying like Thursday but not positive. However, given the degree of DD undertaken (talking with management, PR firm, etc.), I am very confident a positive news event (or events) will take place on Monday. This/these events should propell PRFM up as new investors discover and buy. If the news releases are followed by a CNBC visit (just picking up on others thoughts no confirmation), the stock should increase even further. No price projections, just believe that future interest drivers are all in place for upside. If this thing captures peoples imagination (perfume and V-day tie-in) I think upside is significant. That is another reason to hold for several more days (upside potential is significantly greater than downside risk). Any comments? TR ------------------------------------------------------------------------
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