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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: michael john stout who wrote (3004)3/6/2000 2:12:00 AM
From: Dave Gore   of 3222
 
My recollection is that SETO has been profitable for something like 16 of the past 17 quarters. They got a newsletter recommendation about a year and some months ago and the stock went up from 50 cents or so to about 1.625 in one day.

Then and ever since, it seems that the MM's have gone out of their way to kill momentum every time the stock deserved to go higher. Most people seemed to get frustrated and finally sold. It is much like what happened to WINR.

SETO only recently greatly expanded their sales and product line through an acquisition and good management decisions.

Their I/R is about to change too, I understand, which certainly can't hurt.

Their market cap is low and the stock could easily double or triple from here if the MM's decide to let this Company's stock trade fairly. I hate to blame the MM's but on this one I have witnessed too many walkdowns and shenanigans.

We might need one more really good news release to break solidly through $1.00, then the next resistance is 1-5/8th in my opinion.

Good company, solidly run, good niche.

That's my opinion, hope it helps
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