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


To: Pat who wrote (217)2/16/1999 5:12:00 PM
From: Timoteo  Read Replies (1) | Respond to of 418
 
I see an outside purchase a real possibility. I was beating the drum for Fingerhut as an undervalued I-net play and they got bought out by Federated at a nice premium. The I-net operation of ALU is worth more than the whole company. They can spin it off for a tidy profit and continue to run their successful distribution business, or keep it and probably make money long before AMZN. Either way we win. The price held up very well today considering the selloff of all the big internet names.

Best,

Timoteo