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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.01000-30.6%Jan 5 11:57 AM EST
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To: LPasko who wrote (557)2/19/1998 1:31:00 AM
From: Eric Fader   of 3222
 
I think it should be .90-1.00 very quickly, upon the release of the year-end numbers, if they disseminate the news decently. If they stay on track to earn .19 for FYE 1/99, I'd assume the PE ought to be 15, at least, given a 50% growth rate and discounting for small float, OTC-BB status, etc. So that leads me to expect a price in the 2's, or close to 3, in about one year.

Of course, that assumes that projections will be met and some degree of promotion, as well as a good financing package (without much dilution) for the future growth of Teik Tatt.
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