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

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To: Anthony@Pacific who wrote (2108)2/7/1999 3:33:00 PM
From: Wolff  Read Replies (1) of 2489
 
Well A@P you did take the momentum players, steer them away from jumping into a poorly managed company. With the low float I believe the "www boards" did impact the price.

So instead of everyone jumping in and watch the stock climb to 20 on the launch day and go back to 8 two days later as was the expectation, it just went straight to 8 and less. This Shorter activity is not some sort of unholy event, as the pitch goes on these threads, it is the skeptics view. And Rande, as A@P is so public, (thank you) it gives the oppertunity for us "learning curve" people to escape. I want to be the very last lemming that is running along, and with big ears too ;)

The single biggest think that the PRFM board was missing and was discussion on an exit strategy. For me all I needed to do was ask them to give me the money, I did not, I went upside down, I set a break even, and left. I feel stupid, really stupid, because I believed the hype without protecting myself and profits. But I am still a lucky person (and you know what they say about Generals), I just over estimate the luck I am given.

On one point I have to disagree A@P I don't expect the stock to climb with any real force even to Valentine's day. Show me the Champion of the stock, it is not Rande obviosly, and wait until he puts that disclaimer (as I expect him to feel necessary) at the top of this PRFM thread.

So A@P unless you give a price target you think it will hit before you would short again, and the time frame too, I think the 7 will represent a solid 100% increase in value due to the WWW. That is real good. But that is the end, until the new fiscal year and profits.

I continue back to this thread for learning purposes.
Edward
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