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


To: AJ Berger who wrote (193)2/16/1999 9:09:00 AM
From: Tom Hua  Read Replies (1) | Respond to of 418
 
AJ, Its core business revenue increased 17%. Not bad at all. Net operating earnings were affected by increased spending to expand and support fragrancecounter.com. as evidenced by a 300% increase in revenue and four-fold increase in traffic to its web site. Like 99% of e-commerce companies, fragrancecounter is incurring losses from operation. It has established itself as the world's number one online perfume store.

Regards,

Tom



To: AJ Berger who wrote (193)2/16/1999 10:10:00 AM
From: Ken Whiteside  Respond to of 418
 
Their earnings report was elogant! You're right it wasn't that great and there was lots of bad new in there. Who's going to see it though. I've seen so many companies have great earnings only to do a poor PR job of writing it up, then have Rueters highlight the bad.

This will be interpreted as positive IMO!!