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


To: Trippi who wrote (200)2/16/1999 10:24:00 AM
From: Bo Le  Read Replies (2) | Respond to of 418
 
First, I like to say I am long the stock.

Second, I like to say that I am really dispointed to see ALU shareholder's ownership on f*.com now reduced to 82% after the 3 million conversion, which is reduced more than what management tell public based on Tom Hua's previous post. I have serious doubt that J* family will keep playing this conversion game before bring f*.com to public anytime soon. It is obvious that f*.com is losing money now and this imply that it is possible that J* family is continue providing the fund for f*.com. So it is very possible another conversion will come soon to further reduce ALU shareholder ownership in f*.com.

Anyone has any comments on possible more conversion?

BL