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

To: Linda Kaplan who wrote (365)	5/6/1999 10:28:00 AM
From: Linda Kaplan	Read Replies (1) \| Respond to of 418

Just in case we didn't "get it" the first time: Headline: Allou Health (AMEX:ALU) eyes record FY 99 revenues ====================================================================== BRENTWOOD, N.Y., May 6 (Reuters) - Allou Health & Beauty Care Inc. (AMEX:ALU) said Thursday it will report record revenues for fiscal year 1999 and is well-positioned for strong growth in fiscal 2000. The company said an expanded customer base and cash from the partial sale of its Internet subsidiary Fragrance Counter Inc. in April helped boost growth in fiscal 1999, which ended March 31. The company said it expects sales from the distribution of health and beauty aids to have double-digit growth during fiscal 2000. Allou said it expects distribution of its fragrances to grow 25 percent in the current fiscal year, up from an average annual growth rate of 19 percent over the past three years. The company, whose most recent acquisition was of Direct Fragrances Inc. in fiscal 1999, said it is exploring more acquisitions to help drive growth. Copyright 1999, Reuters News Service