DBCC - nothing new except some slightly positive mention of last para here-
BusinessWire, Tuesday, April 06, 1999 at 05:21
by Internet Stock News
SAN DIEGO--(BUSINESS WIRE)--April 6, 1999--Internet Stock News
(ISN) announced today an investment opinion to notify analysts,
brokers, market makers, institutional and retail investors, as well as
media representatives that it had added Allou Health Care & Beauty,
Inc. (AMEX:ALU) to its "Ones to Watch in 1999" group of Internet
companies.
The group, which was chosen by the editors of Internet Stock
News, to be leaders in their respective Internet sectors, is currently
up 135.4% since the beginning of 1999 and, as announced to investors
on Dec. 31, 1998, the group includes At Home (NASDAQ:ATHM), CMGI
(NASDAQ:CMGI), DoubleClick (NASDAQ:DCLK), E-Trade (NASDAQ:EGRP),
Excite (NASDAQ:XCIT), FreeRealTime.com, Onsale (NASDAQ:ONSL),
SportsLine USA (NASDAQ:SPLN), Starnet Communications (OTC BB:SNMM),
and TicketMaster/CitySearch Online (NASDAQ:TMCS).
The profile of Allou Health Care & Beauty, Inc., as written by
the editors of Internet Stock News, can be found below or, in depth,
at the ISN web site at internetstocknews.com
Allou Health Care & Beauty is a surprisingly little known company
to say the least. The company reported over $300 million in revenues
last year and achieved a profit in all of its last 4 quarters.
Allou's e-commerce subsidiary, named The Fragrance Counter,
operates FragranceCounter.com, (http://www.fragrancecounter.com),
which was launched in September 1995 as the leading online retailer of
designer fragrances for men and women, and its sister site,
CosmeticsCounter.com, (http://www.cosmeticscounter.com). Together,
these sites offer more than 2,000 brand-name fragrance and beauty
items to Internet users. Features of both services include fast, free
shipping, a money back guarantee, and free gift-wrap with an embossed
gift card.
Combined, Allou's e-commerce sites generate the most page views
out of all online boutique stores. The company has always been very
aggressive and growth-oriented. In 1997, the company wasted no time in
jumping on the Internet bandwagon, signing numerous marketing
agreements with America Online (NYSE:AOL), Yahoo! (NASDAQ:YHOO),
Excite (NASDAQ:XCIT), and MSN (NASDAQ:MSFT). Since then, Allou's
subsidiary, The Fragrance Counter, has reported a stellar 291% surge
in revenues with a 300% increase in traffic to 2.3 million visitors.
In addition to Allou's leading Internet e-commerce presence, the
company is the premier distributor of over 22,000
nationally-advertised health and beauty aid products, prestige
designer fragrances and cosmetics, and other vanity items. Allou's
account base consists of approximately 4,200 independent drug and
convenience stores throughout North America, as well as leading
national chain stores.
Our golden rule of Internet valuations is that Internet-enabled
companies tend to have a strong advantage on the Internet in the long
run when compared to "pure-play" Internet companies. This is because,
although the majority of individuals do not use the Internet at the
present time, these companies can drive their existing customers to
their easily-recognized, brand-name web sites when they feel the time
is right to use the Internet as a medium of communications. We feel
that, similar to other Internet-enabled companies such as Barnes &
Noble (NYSE:BKS), Data Broadcasting (NASDAQ:DBCC), or Ziff-Davis
(NYSE:ZD), Allou is a leading Internet-enabled company that will
benefit immensely from the advent of the Internet as means of
marketing the company's products to a worldwide audience.
About Internet Stock News:
Internet Stock News (ISN) is one of the most well-known and
widely read free Internet investment publications with over 50,000
readers worldwide. ISN provides items such as Free Real Time Quotes,
Independent Analysis & Commentary about Internet Stocks, and Access to
Internet Initial Public Offerings at internetstocknews.com.
Internet Stock News is published by IP Equity, Inc., an
Internet-targeted investor communications firm. IP Equity, Inc. has
been compensated with cash, stock, and options of Allou Health Care &
Beauty, Inc. totaling less than $304,000 at the time of engagement for
investor communications services. Please read the disclaimer at
internetstocknews.com for additional information about
Internet Stock News.
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