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Technology Stocks : ALU - Allou Health & Beauty: Another Web Play
ALU 3.4600.0%Mar 3 4:00 PM EST

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To: lifeisgood who wrote (402)9/14/1999 12:05:00 AM
From: lifeisgood  Read Replies (1) of 418
 
One more thing...

David nixed the plan to dividend out the 13% of FC.com Allou owns to current shareholders thus reneging on a commitment he verbalized several months ago. This was a big disappointment to me, not so much for what I perceived was a move that would increase the stock price, but more so for lack of commitment and follow through demonstrated by David and Allou managment.

Again, I reiterate that I believe the ALU business model is a good one. Shareholder returns however are abysmal and I can make better returns in money markets.

LIG
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