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: TraderGreg who wrote (38)	12/6/1997 12:43:00 PM
From: william Velmer	Read Replies (1) of 3222

Here is what we have! On a proforma we have 20 million shares outstanding-with combined sales for the 9-months of $16.2 million and net income of $1.6 million after taxes. The stated book value for the nine months is .41/share. For the year ending Dec 31,1997 management estimates sales of over $20 million and net of $2.2 million. Next year management estimates with signed contracts and commintments that sales will approach $40 million and net income will equal $3.8 million. The growth will come from the re-cycling of electronic in Malaysia. From $6 million to $ 20 million. If this sound too good to be true call management today in office 1-914-273-1400--Mr Pian--Pres. If you would like to see our story on SETO visit our site saadvisory.com and see E-mail section. As I have written on this thread before we donot recommend pie-in-the-sKy. If management is lying to us they go to jail!

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