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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: Timoteo who wrote (307)4/23/1999 1:05:00 PM
From: Richard Karpel  Read Replies (1) of 418
 
Good deal? This deal stinks and investors know it. Any imbecile would know that a majority interest in The Fragrance Counter is worth more than $37.5 million. If it wasn't obvious before, it is now: ALU management is clueless.

The only hope for shareholders at this point is that another company comes forward with a hostile bid, which is probably a likely occurrence.

Another likely result of this stinko deal: A spate of shareholder lawsuits.
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