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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY
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To: BigTex who wrote (899)1/29/1999 6:50:00 PM
From: StockDung  Read Replies (2) of 2489
 
this was the best line.

Perfumania has posted seven straight quarters of losses. For the year ended Jan. 31, 1998, the company
posted a loss of $11.4 million, or $1.63 a share, on sales of $163.5 million.

The company's lagging performance has been attributed to excess inventory and rapid growth, which
strained the company's cash flow.

As a result, Perfumania sees the Internet as a way to expand its reach in the perfume trade without
adding stores.
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