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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: Questerr who wrote (230)2/19/1999 3:42:00 PM
From: Bo Le  Read Replies (2) of 418
 
>So if you want the spin-off as I do and not the private placement, voice your concerns to the company before they give our company away to some venture capitalists and it will be years before we see a nickle from FC. VC firms usually hold onto their positions for 2-3 years before they go public. Let's all speak up and be heard. <

The so called "private placement" is really an way designed for Jacob family takes FC away from ALU shareholders. Given an greedy management like Jacob family, we --- regular ALU shareholders --- should feel lucky if we get 20% FC.
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