ALU - Allou Health & Beauty: Another Web Play Message Board

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Technology Stocks : ALU - Allou Health & Beauty: Another Web Play

ALU 3.460

0.0%

Mar 3 4:00 PM EST

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To: Richard Karpel who wrote (313)	4/23/1999 1:54:00 PM
From: Timoteo	Read Replies (1) of 418

Richard, if you read my earlier post, it was clear that ALU felt the company was not mature enough to IPO. I'm not sure what your financial background is, but it made a lot of sense to me. What would they be sued for? The company is selling above its average, book value is at an all-time high, and the stock will be back in the 13s in weeks if not days. I've seen shareholder lawsuits fail when stock prices dropped 500%. The legal issue is were misleading statements issued. Fiduciary trust? This is the stock market, not a passbook savings account! Best, Timoteo

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