Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 36.68

-4.3%

2:34 PM EST

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To: Stock Watcher who wrote (38579)	9/8/2000 3:04:44 PM
From: Dave Gore	Read Replies (1) of 52051

SW, Here's more info on SETO , very good company worth checking out, imho. News with Lucent Division today apparently just the beginning. Earnings supposedly next week. INFO from the RB thread: Note that "SETO FISHER" is a representative of the Company who seems to be very savvy regarding Market Makers. I believe he said he was a former Market Maker, in fact. According to him, SETO has more news and exposure coming out next week, including earnings. Some of you may want to have a look. I bought some more stock today myself as MM's let me buy at the BID. Seems they may want people to think that selling is going on to induce selling so they can cover their short? It's a possibility anyway. Followed this company for well over a year. It's a good one, imo, growing smartly and susbstantially. FWIW: Quote from SETOFISHER ON RB WELCOME ABOARD Duffygib!!!!Yes, we have a very comprehensive website: setoholdings.com which also has links to all our subsidiaries websites. All products are shown as well. Our float is currently about 8.4 million shares on a total of about 19.4 million outstanding. WE were given a credit line by Merrill Lynch in April that was just raised on July 26th. By next Thursday we will also be releasing our second quarter numbers; we have already announced publicly that we expect to show at LEAST a 20% gain over our first quarter numbers. We also have 7.7 million in NET shareholder equity which is 3.7 mill. more than is required for a NASDAQ listing--- we lack the $4.00 required stock price only for the listing. In addition, we have a number of P.R. venues "kicking in" for next week. So, again WELCOME ABOARD; you have come in at a very INTERESTING time!!!!! If you have additional questions I can send you a complete shareholder package, including all press releases made in the last year. Simply e-mail me with your address. Another of his posts today: By: SETOFISHER $$$ Friday, 8 Sep 2000 at 1:44 PM EDT Although I would encourage all of you to trade your accounts according to your individual investment philosophies please be aware that MMs will undoubtedly try to shake out shares by taking the price down on low or no volume sometime soon before the afternoon is over. PLEASE remember there is alot more to come VERY soon. This move would be made by MMs so that they could hope to cover their shorts with some of your shares. Remember they NEED shares!! From what I see on TIME and SALES they have yet to even cover the shares that they sold at $1.50 and $1.5625 just today!!! And yet they only want to pay $1.34375 as a bid???? They are hoping to slow down momentum again with this spread as well. So, if it fits in with your financial objectives PLEASE be patient; if they see no supply they will begin to cover their shorts in my opinion. WE have alot happening next week!!!!!!! All HAVE A GOOD DAY setofisher@aol.com 914-923-5000 Tom Fisher

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