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

To: Timoteo who wrote (307)4/23/1999 11:25:00 AM
From: Bo Le  Read Replies (1) | Respond to of 418
 
Where is your source regarding ALU has 30% - 40% stake in the new company?

BL



To: Timoteo who wrote (307)4/23/1999 1:05:00 PM
From: Richard Karpel  Read Replies (1) | Respond to of 418
 
Good deal? This deal stinks and investors know it. Any imbecile would know that a majority interest in The Fragrance Counter is worth more than $37.5 million. If it wasn't obvious before, it is now: ALU management is clueless.

The only hope for shareholders at this point is that another company comes forward with a hostile bid, which is probably a likely occurrence.

Another likely result of this stinko deal: A spate of shareholder lawsuits.


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