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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: Bo Le who wrote (202)2/16/1999 10:56:00 AM
From: Bo Le  Read Replies (2) of 418
 
Cut my ALU holding by half at $12.

Here is my fear: f*.com loss $3,164,936 for the past three month. J* family provided $3 million to f*.com and got 18% f*.com ownership. Since f*.com revenue is growing really fast (and the more they sell online, the more they lose, just like AMZN), it is really possible f*.com will lose $6 million plus in current Q. If J* family to cover the f*.com lose again and play the conversion game again, then by the end of this Q, ALU shareholder ownership in f*.com could further be reduced to under 40%.

Unless J* family make it clear that ALU shareholder ownership in f*.com will not be further reduced, ALU is a wait and see in the dark.
Just my two cents.

BL
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