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


To: melinda abplanalp who wrote (1335)1/31/1999 6:49:00 PM
From: Matt Brown  Read Replies (2) | Respond to of 2489
 
What announcing that you are going on Inet does:

Last comparison before the big show,

MZON rose from 15 to 59 on the day the site launched, not when it was announced.

Here is the article.

In an effort to see just how many auction sites today's Internet-minded investors will scoop up, computing products direct marketer Multiple Zones International (Nasdaq:MZON - news) threw itself into the "going once, going twice" fray by announcing the launch of its www.auctions.zones.com site for swapping brand-name computer products. On cue, investors drove the company's share price up $44 9/16, or 389.6%, to $56 today, even though the introduction of the auction site had been pre-announced on Dec. 7 and promptly rewarded with a one-day 52% price jump.

Let's see...last I recalled, when PRFM first announced site, jumped 60%.. and now we are sitting in the same seat MZON did. At the 11-12 range before the official launch day.

Too much good surrounding this stock. In every stock there are bad things, this one just has more good.

Matt