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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: TokyoMex who wrote (36)10/26/1998 8:59:00 PM
From: Eric Nelson  Read Replies (1) of 418
 
Did anyone else catch this little tidbit in the CBS news release?
"The Internet operations, which include the Fragrance Counter and Cosmetics Counter Web sites,are expected to generate about $9.5 million in sales for fiscal 1999 and $20 million in the following year, Shamilzadeh said."

This is a spectacular projection. This would crush the expectations I have for fragrancecounter and cosmeticcounter for 1999. Remember in August they released the following:

Aug. 12, 1998--The Fragrance Counter (AMEX:ALU)(www.fragrancecounter.com), the leading online fragrance and cosmetics retailer, today announced that sales for the quarter ending June 30, 1998 were $313,598, up from $113,523 for the same period last year-representing an increase of 177% and reaching a gross profit of 49%.

With that kind of growth rate in revenues I can hardly wait for the IPO. I'm so glad I was patient. Here's to the future all you ALU longs!

EZ
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