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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (39499)	5/21/2003 5:20:34 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69814

:07PM Parlux gets $4 per share cash acquisition offer (PARL) by Michael Baron Parlux Fragrances (PARL) is surging 50 percent to $3.75 in midday trades. Late Monday, the company received an acquisition proposal from Quality King Distributors and Parlux Chairman Ilia Lekach, who beneficially owns about 31 percent of Parlux's outstanding stock. The cash offer values Parlux common shares at $4 each. [Harry: A stock that came up in a scan a long way back. Too bad I don't have any.]