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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00700+11.1%Nov 7 9:30 AM EST

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To: EightyEight who wrote (2824)10/5/1999 12:54:00 AM
From: Jamey  Read Replies (1) of 3222
 
Recommend on SETO.......

doscomercios.com

Current rating from La Guardia GFS

Strong Buy and Hold

After reviewing the SETO's annual SEC Filing, (to read the 10k: stidiamond.com we found that the earnings before these one time expenses would have been around $200k higher than those reported, therefore placing the EPS around .045 which should be used reflect a true valuation of the stock price. At a reasonable P/E ratio of 30 times earnings, this would give the stock a current valuation of $1.35/share. At a more appropriate P/E of 40, this stock should be trading around $1.80/share. Therefore we continue to believe this stock is "EXTEREMLY UNDERVALUED."

Long and Strong! SETO Holdings

Santiago
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