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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Lee Walsh who wrote (7687)1/31/1999 12:43:00 AM
From: Ralph Cosenza  Read Replies (1) | Respond to of 122087
 
EGGS was sitting at 10 when the press release came out.....I know because I bought as soon as the release came out and I was in at 10.

The stock went to 30 before coming back down to $6 then ran up to $40 and now is in the teens again.

My point is simple: The stock ran the first time because of the INET craze and a lot of companies were not release information about web sites. Now 100 press releases a day come out announcing web sites. This is just another in the mix.

The stock is up 1000% over the last 40 tradin sessions and up 10x since the press release....it seems to me by doing the math and comparing the floats and stock percentage rise...this stock has hit its peak.

All I ask it for people not to look at the dollar but the percentage.



To: Lee Walsh who wrote (7687)1/31/1999 12:49:00 AM
From: Jay Fisk  Respond to of 122087
 
Will the PRFM website sell scents ??
I'll bet it looks a lot like the Parlux one:
parlux.com

Ilia's Optimistic ? Not !
FORT LAUDERDALE, Fla., Oct. 30 /PRNewswire
Commenting on the results, Ilia Lekach, Chairman and Chief Executive Officer, said, ''I am very pleased with the Company's continued progress. In light of the global economic difficulties and the uncertainties surrounding the domestic marketplace, we are closely monitoring our expenses in anticipation of a slowdown in sales.''

Parlux also announced today that Mr. Lekach has taken on the additional responsibility of Chairman and Chief Executive Officer of Perfumania, Inc. (Nasdaq: PRFM)