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


To: Trippi who wrote (65)1/14/1999 11:49:00 PM
From: blankmind  Read Replies (2) | Respond to of 418
 
- I think I figured out why ALU is trading at such a huge discount to other net stocks... and it's b/c there's no firm plan in place to do an ipo of the net business...

- From the Prudent Spec... "An initial public offering of FC is likely in the near-future, especially after Allou CEO Herman Jacobs just agreed to convert a $3 million loan into an equity interest in the online venture"

- I then did some DD & looked on the yahoo thread and Edgar.

- While there's every indication that ALU will do a spin off. I don't see it in writing anywhere by the Company.

- If anyone can tell me what the terms of the ipo will be; what the shareholders of the ALU common will receive; or anything else, I'd be very appreciative.

Thanks.