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


To: Tom Hua who wrote (194)2/16/1999 9:20:00 AM
From: AJ Berger  Read Replies (1) | Respond to of 418
 
Wall St's Internet Company Valuation is Unfair

Why Internet Companies all alone, with mounds of debt
and no real P/E can garner such incredible market cap's
while Value companies like ALU with growing Internet
divisions are trading at book value, boggles the mind.

But that's the way Wall Street looks at it now, so
until there is a solid statement from ALU claiming
their intention to do an IPO within a set period of
time, I doubt anyone but thread mavens will care
much about this stock.

Long term players may want to bottom fish at lower
prices if they believe the IPO intentions are real,
but shorter term players will want to do something
more current to get their money to appreciate.
Tom, what's a good bottom fish price for the next
few months? I'd like to put in a good till cancel
order in somewhere under $10. Any suggestions?