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

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To: Vicrobi who wrote (1825)2/2/1999 8:39:00 PM
From: lloyd bashaw  Read Replies (1) of 2489
 
PRFM okay, internet plays:
no earnings - no problem;
massive debt - no problem;
borrowing throughout 1998, floating from one loan to the next to avoid collapse - no problem
make a payment to a big name to get a link and put out a press release and bump the stock - no problem;
CFO jumps ship right as the supposed business plan is coming to fruition - HUGE PROBLEM. When the Chief Bean Counting Rat Jumps SHIP somthing baaadddd is just around the bend. All officers should be licking their chops at selling 100,000's of shares into this "high point" of perfumania's existence and staying with the corporation and putting on a good public appearance. If the CFO jumps then watch out...it is going to be a financial problem of some sort. Don't be surprised to see an "oops, we messed up" release and this 6 dollar stock opens at 1 and u are thanking god u got the 1 dollar.
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