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ALLOU HEALTH & BEAUTY CARE, INC. CHOSEN FOR VAN KASPER REVIEW

 ALLOU HEALTH & BEAUTY CARE, INC. CHOSEN FOR VAN KASPER REVIEW
 BRENTWOOD, N.Y., July 14 /PRNewswire/ -- Allou Health & Beauty Care, Inc. (AMEX: ALU) today announced that it has been chosen for the Van Kasper Review, a selection of 15 stocks published semi-annually by Van Kasper & Company, private brokerage, of San Francisco. Twice a year Van Kasper & Company releases its top 15 top picks, which make up its model stock portfolio for the next six months. These stocks represent the companies Van Kasper believes present among the most exciting investment opportunities their research has uncovered.
 Historically, the Van Kasper Review model portfolio has significantly outperformed the Dow Jones Industrial Index. From its inception in June of 1980, through June 1992, the Van Kasper Review model portfolio appreciated 542 percent, or a compound average annual return of 16.8 percent. This represents a 42 percent outperformance of the Dow's 11.8 percent compound average annual return for that same period.
 Allou Health & Beauty Care, Inc. is pleased to have been selected for the Van Kasper Review List.
 Allou Health & Beauty Care, Inc. is the premier distributor of over 8,000 nationally advertised branded health and beauty aid products in the Northeast and Miami areas. In addition, the company is a leading nationwide distributor of over 7,000 prestige designer fragrances and cosmetics. The company also distributes nationally advertised non- perishable branded food items. Allou's account base consists of 3,500 independent drug and convenience stores including the leading national chain stores.
 -0- 7/14/92
 /CONTACT: David Shamilzadeh, chief financial officer of Allou Health and Beauty Care, 516-273-4000/
 (ALU) CO: Allou Health & Beauty Care, Inc. ST: New York IN: HOU SU:


SB-AH -- NY056 -- 9119 07/14/92 12:42 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 14, 1992
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