If they deliver with a first rate web-site,the CONCEPT will drive the stock---I was just listening on CNBC that investors are so desperate to get in on internet stocks and there are so few,that the supply and demand factor remains out of wack--but I freely admit that I am
an internet trader and not an investor(in fact I am counting on an internet crash at some point in 99 so that I can load up on the blue-chip internets at reasonable prices)---now I follow Anthony and respect him a lot,but he himself will play the ride up and then call
a short----my feeling here is he is a little early.
But those that get excited about this have cause--AMZNs assets also were
ridiculous--and the concept of internet sales of perfume is a good one(we do have a company that does have 300 stores,and not a mythical company)--I myself much rather buy perfume for my wife then go shopping,men I believe ,in general,hate shopping for perfume--we have here a company that have the nutty idea of just selling perfume(like that store on Saturday Night live that sold only scotch tape).----
Alan Greenspan,shocked everybody yesterday by NOT discouraging
investing in internet stocks--just said many will fail in time,people are searching for the winners,like in a lottery--PRFM is in that lottery,but me I buy and sell,and am ruled by the ticker--if Perfumania does not come forth with their web-site it is not worth
3xmore times than 2 weeks.
There is a stock,I have been in and out of 3 times already SATH,it
is now up big-time,and could go to 100--or 50 times multiple it's not so distant price---as long as one tries to reason these matters in FA
terms one will only get a severe headache---Good Luck,Max90 |
