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


To: SteelerStu who wrote (1278)1/31/1999 3:55:00 AM
From: Jay Fisk  Respond to of 2489
 
These are direct quotes from official SEC filings that could be
good (more profit) or bad (counterfit knockoffs):

FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) For the fiscal year ended January 31, 1998

edgar-online.com

During fiscal 1997, less than 10 percent of the Company's merchandise was purchased from grey market sources. The Company's grey market sources generally will not disclose the identity of their suppliers, which they consider to be proprietary trade information. As aresult, the Company cannot determine specifically what portion of its merchandise purchased from grey market sources could be affected by the potential actions discussed above or actions on other grounds.

FORM 10-Q Quarterly Report Period Ended October 31, 1998

edgar-online.com

LITIGATION. As is often the case in the fragrance and cosmetics business, some of the merchandise purchased by suppliers such as the Company may have been manufactured by entities who are not the owners of the trademarks or copyrights for the merchandise.
___________________________

Your call, is this good, or bad ?