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: Bo Le who wrote (335)	4/25/1999 10:06:00 AM
From: Stuart T	Read Replies (1) of 418

Before the internet craze hit ALU it was trading between $5.75 and about $8.20. Many individuals who bought for the IPO and who are now trapped in this stock will be looking to bail out on any rise in price. ALU invested a lot of money in FC and the cash they received probably allowed them to recoup their initial investment. The Jacob's family got a good deal on their purchase of FC and the cash that ALU received will allow the company to increase the compensation and fringe benefits for the officers of the company. This is basically a family business and they will take care of the family. I'm glad I got out of this one.

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