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Microcap & Penny Stocks : SETO Semicon Tools Inc.

SETO 0.00700

+14.8%

Oct 29 1:05 PM EST

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To: Dave Gore who wrote (3165)	9/15/2000 1:28:21 PM
From: James Lee Baldwin	Read Replies (1) of 3222

A post on RB from Tom Fisher, SETO PR: By: SETOFISHER $$$ Reply To: None Friday, 15 Sep 2000 at 12:10 PM EDT Post # of 4229 Good Morning to all SETO shareholders both old friends as well as our new arrivals. I will start again by apologizing for not having posted much this week. There are a lot of questions for me to respond to. One of the reasons for my absence from the boards is that after the Lucent release last week I was inundated with calls and e-mails from new shareholders telling me that it was disgraceful for me to be posting on RB. This really surprised me,but the last thing I wanted to do was to "scare" off potential new investors from doing their due diligence and as a result possibly not become involved in what I believe To be a great company. In regards to our forecasts on our website for this years' sales: yes,they still remain intact. I would encourage all to go to Edgar and read the financials. Starting in the section titled "General" beginning on page 15 you will find that the last paragraph reads as follows: "As of August 2000, the company had a backlog of approximately $12 million or 1 and a half times the current quarter 's sales which it is believed will be shipped by November, the beginning of the next quarter.Management projects that this trend will continue and that net sales and net income may exceed $25 million and $700,000 respectively for fiscal year 2000." Please keep in mind that this is an excerpt from the financials and that all should read the report in its' entirety for a true and fair overview. The reason that I chose this section to hopefully draw you to do your DD is to show that Gene is well aware of the forecasts he has made on our website and if he felt that they needed to be revised downward than I feel sure that he would have done so. Please keep in mind as well that this is just the backlog and doesn't include any business that has already been shipped and billed for the current quarter or any additional business that may come to pass. As a result I think it is more than fair to say that we are not done showing strong growth by any means. I am frustrated with the fashion in which the stock trades but as I have said before I am still working very hard to secure us an investment banker and feel that I am not that far off. In addition, www.otcnn.com has agreed to profile us and has e-mailed me yesterday telling me that the write-up should be on their site today. The Asian Wall Sreet Journal article and release is also still coming soon according to my conversation with Gene recently. I will be back on later to address some of your other questions. To all who feel that my presence on this board is a positive I thank you and again apologize for my previous absence. HAVE A GREAT DAY!!!

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