To: Wayne Rumball who wrote (4085 ) 1/20/1999 11:33:00 AM From: Questerr Respond to of 12872
I stumbled upon your thread...I have owned IDTC for 2-3 years, generally trading it. I own it most recently at $25, but because I keep in touch with the company I feel it is a safe investment. I also couldn't help notice T. Swift's reference to the Prudent Speculator article. If you guys want one to put under your pillow for 12-18 months check out ALU. The Prudent Speculator referred to it as a "micro-cap beauty distributor" - but it is and will be poised to be a major e-tailer. I learned of Allou from a broker at Kaufman Brothers earlier this month. Word is slowly slipping out about this jewel. How many companies can you name that have a market cap of less than $75 million and annual sales exceeding $360 million? None that I am aware of... If you dismiss the internet story altogether, ALU is still a steal. The prize is in its future e-tail. Just before Yahoo's, Excite's, and Amazon's stock prices exploded, they traded at lower prices biding their time establishing consumer recognition before suddenly getting noticed. ALU wholly owns fragrancecounter.com and cosmeticscounter.com which have exclusive e-tail rights with every major portal. Although the co. has been public since 1989, it is in the early e-tail stages... I liken their negotiated partnerships with: AOL, Yahoo, Excite, MSN, Lycos and others to ALU having purchased exclusive rights to all the available shelving space for their product(s) at every major grocery/department store throughout the e-world. 86% of all web traffic travels through these same portals. During a call to the company last week, I was told 14-16% of shoppers at FC and CC returned later to the sites to make a subsequent purchase. This still remains a sleepy Amex stock, that fortunately was brought to my attention. One worth looking at, but do your own due diligence and let me know what you think!! Happy investing to all:)