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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 (210)2/16/1999 2:25:00 PM
From: Tom Hua  Read Replies (2) of 418
 
Bo, I don't know how much your knowledge is with regard to funding by venture capitalists in a private company. Usually, they expect a minimum of 1000% return on investment. CIEN VCs paid $0.70/share before the company went public. They sold for more than $50 a couple of years later. Same goes for many many companies. How much do you think Softbank paid for their large stakes in Yahoo and ETrade? Look it up and you'll be shocked and you'd appreciate the generosity of the Jacobs family.

Jacob family is too greedy and seems they decided to piss off all ALU shareholders.

Please don't generalize with the word ALL. On the contrary, I'm pleased with their investment in fragrancecounter.com.

Regards,

Tom
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