I wouldn't be surprised to see some of their new products delayed due to the financial crisis and the reluctance of retailers to add to their inventory.Retailers want to cut their inventory now.They will order as they sell and will no longer for the time being order big quantities just to keep companies like Parlux happy.
Rick I agree, however my position is that I believe that Q L even under todays depressed economy that her products may sell better than others with a new breed of buyers in the market place. Obama's stimulous package definitely won't hurt our line of business.
It may be a treading water reaction to stay afloat, so be it, and my position is that PARL is in much better shape to survive than fail. Someone will eventually want a pice of the pie on the book value going forward.