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


To: Questerr who wrote (333)4/25/1999 2:16:00 AM
From: lifeisgood  Read Replies (1) | Respond to of 418
 
Qesterr,

I don't really know the answers to your questions. We'll all know more on Monday when I expect another press release detailing the recent transaction. By the way, David S. at ALU has always verbalized a preference for a private placement over an IPO. Look at previous posts for why. An IPO of FC would have resulted in a sharp, though temporary, increase in ALU shareprice. David S. and company clearly have more in mind than creating a temporary spike in ALU shareprice (which is what many disappointed momentum players were betting on so they could sell before the inevitable plunge--see MALL, DBCC, etc.). The current plan appears to be a long-term strategy with immediate benefits for ALU. I'm buying more if it drops and am confident in this investment looking forward.

If you're just in it for the internet hype, there are plenty of other stocks to play for that purpose. If you like buying stocks at or below book and watching them double or triple in value over time, stick around, this one has great potential.

always do your own DD-- always

LIG