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

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To: Trader J who wrote (938)	1/29/1999 9:52:00 PM
From: Anthony@Pacific	Read Replies (3) of 2489

Trader J...why would anyone have their entire portfolio in PRFM and by the way it is near its ll time high..people could have taken a very nice profit..It does not change my opinion and it is my belief that PRFM is done..I do not believe any market maker will view this resigantion as anything but a major negative...the first few minutes will be the highest point for this issue on Monday..I posted my Short/Sell reccomendation at 13 ..so those that are betting the farm on a company that has lost money and expects to report further losses for the quarter and a loss for the year .. and who announced a WEB-SITE...are insane.. A WEB SITE MEANS NOTHING! In this componies case its another place to lose money...I am not going to post any hype..let it suffice that I have posted my position a, my recommendation and some very NEW news... CFO's resigning have historically shown to cause stocks severe drops and based on the fact that the CEO has assumed the role ..it is my conclusion that this came as a complete surprise to the Co. BTW..the longs are the ones trying to insinuate PRFM has an " endorsement by CNBC, which is the funniest thing I have ever heard.. I hope everyone gets out with a profit who is long whether i cover on Monday, Tuesday or Wednsday..doesnt matter one bit... Im just telling you what I expect to happen...and I believe it ..I sold only 50% of my position today reserved the other 50 $ in the unlikely event it actually rises above 13...;But Honestly...i cannot even imagine what it must be like to be long this stock right now..I know that I would gladly sell stock at 9 or 10 right now if someone were willing to buy stock from me... So lets leave it at that ..you guys have all weekend to get the hype machine together and see what you can do to save yourselves..i wont post again.till Monday on this thread=.Its not as if I can actually stop what is about to happen on PRFM on Monday..

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