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

To: Anthony@Pacific who wrote (2122)	2/7/1999 6:00:00 PM
From: aroundight	Respond to of 2489

Anthony, I am real impressed with your work, so please don't take this as a dig. But it strikes me that the longs may be giving you too much credit for the pullback.It seems to me that if PRFM were legitimately powerful stock, it would not have stuck at 7 after the shorts took it down. In my view, you and the shorts just made a good call on the short-term top, but shorts can never change the intermediate or long-term direction of the stock. (On the other hand, I admit you discouraged the "idiot" momentum trader like me.) Full disclosure: I am long a small position after basically getting stuck holding the bag. But I am playing with the market's money after a few successful long trades in PRFM. Nice call! I like your thread too, which was new to me until the PRFM battle.