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


To: Matt Brown who wrote (1027)1/29/1999 11:19:00 PM
From: Maximum_Gain  Read Replies (1) | Respond to of 2489
 
nEWBIE SHMOOBIE!

Two quick points..

1. As a newbie, I am sick and tired of being victimized by you front running "longs". I have read every post tonight and can tell you, you so called longs prey on the newbies so you can get out first. A@P saved me from making a big blunder in TRBD, which has been very profitable until late. I can respect a man that uncovers fraud and manipulation. Some of you here tonight are just palin pissed off that you will lose out, even though you know it may be a POS. So everyone drop the whole scaring off the newbie thing. If it weren't for newbies half of you would not be making any money!

2. I want to make money just like the rest of you. I have seen time and time again stocks run up and come crashing down. I am an engineer by trade so I respect gravity. Gravity is universal and is a constant, and I think it applies to Stock trading. I am learning to appreciate gravity and the effect of pump and dumps on stock price. I will always choose gravity when appropriate. I shorted PRFM because it looked bloated. Come on, you guys ran it from what.... .40 .
Even I weathered PNLK in may of 98, dgiv, rntk,tpii. I made some money and lost some money. But I tell you this, I have never had the feeling I have now knowing that I am on the winning side-- no matter what.

PRFM may run up on Monday due to hype but IT WILL COME DOWN! I will cover and I will make money!



To: Matt Brown who wrote (1027)1/29/1999 11:24:00 PM
From: BigWave Dave  Read Replies (1) | Respond to of 2489
 
Decent post from YHOO:

Why it will gap up nicely on Monday
by: Shining_Knight_in_Armor

because they will have a big media campaign. I spoke to the company today. They told me that they will have radio, TV, newspaper,in-store, etc. advertising to promote the website launch.

2.7 million shares traded today.

How much interest do you suppose ads in USA Today, portals and a top notch PR firm will generate come Monday? The company assured me that POSITIVELY the website will launch on Monday. They also said that extensive testing has been done on their servers to ensure there will be no problems.

They have great brand name products and are very well positioned to exploit this explosive retail channel we call the internet.

Greenspan said it himself: many internet companies command unbelievable premiums because of the unbelievable potential this retail channel affords. Go PRFM! Hope these ideas help you.



To: Matt Brown who wrote (1027)1/29/1999 11:40:00 PM
From: Mammon  Read Replies (2) | Respond to of 2489
 
Okay, here's the result of my visit to freeedgar regarding the management changes.
According to the documents, Ilia Lekach is chairman and CEO of Parlux, which, I think, (someone help me here) is the company that manufactures PRFM's perfume line.

According to the 5/28/98 10-k, Simon Falic, age 37, was Chairman of the Board and CEO of Perfumania. Someone named Ron Friedman, age 38, was CFO, COO, and Treasurer as of this May 10-k. Someone named Jerome Falic was VP and vice-chairman.

By the time of the 12/15/98 10-q, Ron Friedman was gone as CFO and Simon Fralic was no longer the CEO. According to the December 10-q, Ilia Lekach is now the Chairman and CEO of PRFM, and Simon Fralic was bumped down to CFO, Treasurer, and Secretary.
(Also, one of the documents stated that Simon Fralic had relinquished his position as president of PRFM sometime in 1997.)
In a recent press release, (someone else can find it) someone named Lekach (not Ilia) was named the head of the new internet division of PRFM.

IN SUMMARY, it looks to me like Ilia Lekach, head of Parlux, has taken over control of PRFM, and that Simon Fralic has progressively had power removed from him. He was moved down in 1997 from his position as president of PRFM, then between 5/98 and 12/15/98 gave up his position as chairman and CEO of PRFM (to Ilia Kelach,) and now is giving up his position as CFO (and treasurer and secretary?) of PRFM as of today. It appears from the documents that he had been CFO for a period of 8 months or less.
Looks like a power play, not a sign of a problem. IMHO.



To: Matt Brown who wrote (1027)1/30/1999 2:18:00 AM
From: john rieck  Read Replies (2) | Respond to of 2489
 
Nervous Newbie PRFM longs please read: my first encounter with Anthony @ Pacific was 2 weekends ago. I bought IMON on the big run up. Anthony and his followers invaded the thread. He shorted at 5 7/8. They planted seeds of fear and doubt, saying the MM might just open the stock at 3 or 4 (it closed at 5 27/32). Believe you me folks, I was scared to death the whole weekend, hoping and praying I could just get out even. After all, I had just put my money on a scam stock whose jig was up! I sold my relatively small position at the open at 7 and breathed a sigh of relief. IMON went to 10 that day. Since then IMON has closed as low as 4 11/32 and as high as 11 11/16 (reaching an intraday peak of 15 1/4). I do not know if IMON had CNBC hype. Bottom line, Anthony scared me out of a stock that went up after his short call. In fact, it more than doubled from his short call at 5 7/8 and even now at 7 15/32 is still above his call price.