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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: Tom Hua who wrote (192)2/16/1999 8:59:00 AM
From: AJ Berger  Read Replies (2) of 418
 
Pretty Bad Earnings without that One Time Gain

that's probably why the press release tried
to divert your attention by hyping the web
site, instead of explaining why without that
$1.8mil gain taken in the past 9 months, that
earnings would be less than a third of what
they just reported. Some dork on Yahoo said
that .20 cents was expected. He obviously made
up that figure as nobody cover's this stock,
therefore no number could be expected by
anyone! I'll admit the customer base
increase from the web site in encouraging,
but until they can get that expense off
their balance sheet by IPO'ing their Web
real estate, this company will continue
to bleed profits. Let the spinning begin...
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