Parlux Fragrances, Inc. (NASDAQ:PARL)

CAPS Rating: No stars

The Company is engaged in the creation, design, manufacture, and distribution and sale of prestige fragrances and beauty related products.

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Player Avatar acctgfin101 (< 20) Submitted: 9/8/2008 3:06:08 PM : Outperform Start Price: $6.93 PARL Score: -24.72

Stock saw 202% increase in past few weeks. Low price attributed to accusations of fraudulent accounting activity in 2007, which proved untrue (fell from $16 to $3). Company is under new management and is releasing several new products. Target market is looking for less than designer prices for fragrances. Also, very low debt ratio.

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