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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00630-10.0%Nov 5 11:11 AM EST

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To: Robert J. McNabb who wrote (2526)6/9/1999 7:08:00 PM
From: TraderGreg  Read Replies (2) of 3222
 
You are right, they are in the top 10% of BB stocks...and that is part of the problem. Like a movie script about the kid from the wrong side of the tracks who doesn't seem to belong there, but can't cross over to the better part of town.

Many of the successful BBs find themselves with that problem. They do all the right things: they file, they have revenues, they are growing, they have repeating profits, quarter over quarter. BB players don't want them because of the non-hypable elements; the big players don't want them because they are on the BB.

Hard as it is to grow a busines from nothing to profitability, I think the group that graduate to the NAS Small cap is even harder.

So we wait for the long run. As an FDR staffer once said, after being told by a Congressman that the Depression will go away in the long run: "That may be true that in the long run we'll be fine...but we have to eat every day."

TG
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