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: Harold V who wrote (3070)	5/2/2000 4:58:00 PM
From: Fletch215	Read Replies (2) of 3222

Harold, SETO earned $112,155 for the 4th quarter (Earnings of $86,241 for the full year with a culmulative loss of $25,914 thru the 1st 3 quarters). SETO is forecasting Revenue of $40 Million for the upcoming year with net income 5-8% of that ($2.0-3.2 Million). 1st quarter forecast is for Revenue of 6-7 Million with earnings 6-7% (360K-490K). Pro Forma means what SETO would have earned ($571,146) had they owned their acquisitions from the beginning of the year. They acquired 2 companies (Fimas & Hong Kong batteries) late in the year. Next year, all their earnings will count. Thus, the large increase that is forecasted. Hope this helps clarify.

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