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Technology Stocks : ALU - Allou Health & Beauty: Another Web Play -- Ignore unavailable to you. Want to Upgrade?


To: Pat who wrote (394)6/10/1999 1:01:00 AM
From: Jim Mac  Read Replies (1) | Respond to of 418
 
Or unless sales and earnings growth picks up and people see what a steal ALU is.

We know FC was burning $10M+ last year, so w/o FC, Allou is saving $10M+ annually, with $6M+ hitting bottom line. We know they did $0.21 w/o FC last Q.

With forward sale growth of 20%+ and rising gross margins, expect $0.80+ taxed, diluted earnings going forward, and ALU trading at a minimum of $12 by year end, which will be only 15 times earnings, and still below book value by then ($14+?).

Seemed hard to believe CPTL ($5), BBQZY ($5), LCAV ($1), OHSI ($3.50), EYESE ($3.50), PSTA ($1), LPAC ($1), HIRI ($2) could have did what they did when they were out of favor or off the radar screens. But smart people were scooping what others thought was poop.

Guess the smart ones all have sh*t-eating grins now, eh?