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: jan_mike who wrote (47)	12/6/1997 10:27:00 PM
From: Bill Hyres	Read Replies (1) of 3222

Mike, Been busy all day. Sorry to leave ya alone. Looks like the thread is heating up. I did some searching but for sure this IS a little known company. Not much along the way for information on the net. Here goes what I have found. At Wall Street City I got a 2 year graph to see how the value is. There still is overhead in regards to stock price because the stock was valued at $1.00 back in 96. It has been in a downtrend since June of 96 until June of 97 where it found the bottom and started consolidating. Friday I was wondering where the resistance was well the chart tells me alot. While we traded 418,500 shares on Friday I am sure a good many of the sales were from the Wednesday & Thursday buyers. I am not sure but it appears the run Wednesday began around .10. Many people DOUBLED in 2 days so a natural sell-off occurred. I am tentative going forward. If the news William is alluding to materializes the run could continue. If the volume drops off Monday we will see a short-term downtrend. Looks like the action could be fast and furious. Looking over at Reuters Inc Link I got the annual financial ratios. Amazingly for such a small company they do have some good ratios. These ratios pertain up to 96 only. Quick Ratio: .75 Current Ratio: 1.96 Current Debt/Equity: .02 Long Term Debt/Equity: .23 Total Debt/Equity: .25 The report showed years 96, 95, 94. Interestingly enough te ratios have shown improvement over the 3 year period! I did read their latest SEC 10QSB. I would agree with William that financially they are showing strength. I did an approximate calculation in my head with the Current Assets vs Current Liabilities for an approximate Current Ratio of 3 to 1. It does give some security that we have a Micro that is actually reporting. It has to count for something. Bill

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