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


To: Rande Is who wrote (1616)2/1/1999 1:07:00 PM
From: Sean Rieber  Read Replies (3) | Respond to of 2489
 
Never in my life have I heard such things. Sue someone because he had an honest opinion about a stock and posted it? Isn't that what SI is for? I paid my money to state my opinions and read other peoples. The stock market is a gamble. If you do your own DD you will make your own decision. If you lose 5,000 at the poker table do you sue Donald Trump for building a casino? Get off it you babies.



To: Rande Is who wrote (1616)2/1/1999 1:11:00 PM
From: Tom Kinakin  Read Replies (1) | Respond to of 2489
 
Lurkers,

Rande's logic is more than just flawed, it's almost 180 degrees off of the real reasons PRFM tanked today. The fundamentals of the company could not support the overvalued share price.

Now that the shorts have tasted blood, they will be back time and time again to profit from any run up in PRFM. It is still overvalued. Only when the company posts net profits will the share price recover to its previous highs. Given last year's losses, that could take some time. Internet commerce isn't as popular as some would have you believe, including many retailers.

Tom Kinakin



To: Rande Is who wrote (1616)2/1/1999 1:15:00 PM
From: CatLady  Respond to of 2489
 
Rande,

This was a "buy the rumor, sell the news" play from the git-go.
Your attempt to portray it as anything else is hogwash.

Worse yet, for the longs, the news apparently failed to hit the
wire before the open, failing to provide cover for the mass exodus
of mo-mo players.

That's my opinion..




To: Rande Is who wrote (1616)2/1/1999 2:15:00 PM
From: Bo Le  Read Replies (1) | Respond to of 2489
 
>Did they care in the least that the company was for real, the news was for real, or that you can walk into nearly any shopping mall on the East Coast and buy products from one of their retail stores? <

The real question which will decide their fate is that how much money they still have to support their turn around effort? Look at SME, a wellknown nation wide chain store. They have hundreds of fine stores around nation plus they have on-line store which is as impressive as PRFM, if not more. But their stock price is $.625. Why? because they have had time to make money. I do won some SME as an internet/turnaround play. Check out SME and their web site, may be you will think it is a better stock to own than PRFM.

BL