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Non-Tech : Parlux (PARL) Fragrances -- Ignore unavailable to you. Want to Upgrade?

To: Brian Mardis who wrote (488)11/4/1997 6:08:00 PM
From: JEFF CHAPMAN  Respond to of 527
 
News was released during market hours and had little effect on the volume/price. The float decreased by 1.5 million shares. I will still hold as price is too low.



To: Brian Mardis who wrote (488)11/4/1997 6:15:00 PM
From: RJD  Respond to of 527
 
Could be the wise thing to do..The numbers sure look bad...Those of us who stay on might have DEAD money for awhile....Seems like I read a couple months back that a few insiders own almost 40% of this company..You would think the incentive would be there to "Get the Lead out" if you know what I mean..They have the loss like the rest of us.Anyway good luck with you investment decisions........Regards RJD

P.S......Only 19 trades today... maybe a good sign ?



To: Brian Mardis who wrote (488)11/5/1997 4:13:00 PM
From: Stingray  Read Replies (1) | Respond to of 527
 
I'm out too. Sold at 1 7/8. I had already decided before the results were out that this was their last chance to turn in a profit of at least 5c a share before I bailed. I'm glad the company is buying back stock because I can't think of why anyone else would be buying. I can use the tax write off because the rest of my portfolio has fared much better than PARL.


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