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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00700+14.8%Oct 29 1:05 PM EST

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To: James Lee Baldwin who wrote (3177)10/18/2000 4:59:46 PM
From: James Lee Baldwin  Read Replies (1) of 3222
 
A post from RB:

By: chucklk $
Reply To: 4593 by Jurgen $$$ Wednesday, 18 Oct 2000 at 4:05 PM EDT
Post # of 4603


Jurgen and all,
After looking at today's dip and the week's decline I decided to give Gene a call.
Use the 888 number on the web page and punch in extention 11.
I left a voice mail and he called me right back as he was on the phone when I called.
He was very upbeat about the prospects of the company and believed that revenues and earnings would be up for the current quarter.
He didn't know of any reason the stock would be tanking except for the usual suspects: October, shorting, and tax selling.
As for the news releases, he has decided to cut back on them since for one thing in the cutthroat business arena of Asia it seems that in one instance they gave out so much information that it gave the competition a leg up on what Seto was doing.
Financing the wished for growth is still an issue. And of course getting off the BB is important.
But the BB is soon to change according to NASD recommendations which might help the trading.
Gene talked about SetoFishers role as a spokesman for the company and suggested that he might work freelance instead of as a company employee so that he won't be as restricted in what he says, since as an employee the lawyers have thrown cold water on the legality of his messages on RB as not being representative of the entire shareholder class.
Anyway I didn't have a list of questions and didn't take good notes so if you want more Gene told me to post on RB that he would encourage any one who has questions to give him a call, and he will return as soon as possible.
He also said they were working on updating the newsletter soon.
Hope this helps,
Charles
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