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 (109)	12/8/1997 10:54:00 PM
From: Bill Hyres	Read Replies (1) of 3222

OFF-TOPIC-VTPI Mike, Funny you saw that .0225 ask price. What we suspect is convertibles being dropped like ugliness into the market from Israel Securities. It would appear that VTPI cut a deal with these guys for 500,000. They utilized 200,000 and ever since the price has been on a steady decline. If you got some time the current bid/ask is .13x.15 for common folk and appears cheap at this level. We think that Israel Securities is just about done and hopefully VTPI is looking for a better way to raise needed cash. Hell I do not know why they do not do a PP. Anyways we see these wildass bids and we can only figure out that Israel is getting their guaranteed profit from the convertibles. Need RISK in your life?? Jump in. Bill

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