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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (78)1/18/1999 11:29:00 PM
From: Trippi  Read Replies (1) | Respond to of 52051
 
ALU in a nutshell -- 5.8 million shares outstanding --so small float. price $12. trailing earnings of 50 cents -- with fiscal yr 99 ending in March and estimated earnings of 83 cents to be reported then. On these fundamentals alone the stock should do very well -- now add to this the expected IPO of Fragrance Counter.com -- a subsidiary of ALU that reported 400 increase over Christmas -- 2.5 million visitors to the site and $1.5 million in online sales over the Holiday. With earnings about 90 days a way -- and the expected IPO of Fragrance Counter.com -- this is a no brainer -- almost no downside risk at all -- nada -- and upside potential is obvious -- volume increased steadily last week -- this one is catching attention -- it will be interesting to see what the volume is like on Tuesday -- this one just looks like it is starting to simmer.

Trippi