SETO Semicon Tools Inc. Message Board

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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: sanjay sanghani who wrote (2701)	9/14/1999 9:47:00 AM
From: Dave Gore	Read Replies (1) of 3222

NET SALES UP 39%; PROFITABLE, Large backorder should boost sales in current quarter DIRECT QUOTE: "For the second quarter ended July 31, 1999 as compared to the previous year's, the Company's net sales increased 39.7% to $861,058 from $616,457 and net income increased $76,299 or in excess of 900% from $8,062 to $85,361." *** I like that revenues and profits are way up compared to Q2 of last year, that's most important thing, but what is the "one time charge" that Pian is talking about" that lowered earnings a bit? He says that the one time charge is out of the way and implies that Revenues and net income will grow faster in the future. It is also a good sign that they have a large backorder of battery orders as this provided a strong start to sales for the current quarter which is already half over. This stock is still ridicuously cheap for a fully filing company with apparently 15 straight quarters of profitability. I am glad to see that revenues are finally increasing substantially. That bodes well for the future, imo.

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