SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00630-10.0%Nov 5 11:11 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MSo who wrote (2556)6/17/1999 2:50:00 PM
From: TraderGreg  Read Replies (1) of 3222
 
I lightened up as well, a 100% lightening. Hard as it was to do, I needed the cash and the last Q truly was a disappointment in light of the promising numbers that were projected.

I'm not singling out LaGuardia here, because I assume they get guidance from SETO management, but the earnings estimates for the fiscal year were way overblown, the filing date estimates for both the 10K and 10Q were wrong, and the .03 EPS estimate for the first quarter were off by an order of magnitude of 2. When I saw profits of $4,052 and looked over the Q, it kind of reminded me of the person who asks how much deductions they need to ensure getting a $40 tax refund.

The sad part of it is that I still like the company, but they just aren't getting it done right now.

TG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext