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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY -- Ignore unavailable to you. Want to Upgrade?


To: Ralph Cosenza who wrote (806)1/29/1999 4:44:00 PM
From: jeer  Read Replies (1) | Respond to of 2489
 
Ralph, havent you noticed? the internet-related stocks behave differently. they even falter under rumors, and fly with news, so i suggest you look at your traditional rules a bit harder.....the only thing none of us has seen yet is the quality of the news, and we will all find that out together, wont we??:)

best of luck!



To: Ralph Cosenza who wrote (806)1/29/1999 5:19:00 PM
From: LTK007  Read Replies (1) | Respond to of 2489
 
If they deliver with a first rate web-site,the CONCEPT will drive the stock---I was just listening on CNBC that investors are so desperate to get in on internet stocks and there are so few,that the supply and demand factor remains out of wack--but I freely admit that I am
an internet trader and not an investor(in fact I am counting on an internet crash at some point in 99 so that I can load up on the blue-chip internets at reasonable prices)---now I follow Anthony and respect him a lot,but he himself will play the ride up and then call
a short----my feeling here is he is a little early.
But those that get excited about this have cause--AMZNs assets also were
ridiculous--and the concept of internet sales of perfume is a good one(we do have a company that does have 300 stores,and not a mythical company)--I myself much rather buy perfume for my wife then go shopping,men I believe ,in general,hate shopping for perfume--we have here a company that have the nutty idea of just selling perfume(like that store on Saturday Night live that sold only scotch tape).----
Alan Greenspan,shocked everybody yesterday by NOT discouraging
investing in internet stocks--just said many will fail in time,people are searching for the winners,like in a lottery--PRFM is in that lottery,but me I buy and sell,and am ruled by the ticker--if Perfumania does not come forth with their web-site it is not worth
3xmore times than 2 weeks.
There is a stock,I have been in and out of 3 times already SATH,it
is now up big-time,and could go to 100--or 50 times multiple it's not so distant price---as long as one tries to reason these matters in FA
terms one will only get a severe headache---Good Luck,Max90