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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.007000.0%Nov 14 9:30 AM EST

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To: Trooper who wrote (146)12/9/1997 5:07:00 PM
From: william Velmer  Read Replies (3) of 3222
 
I am amused at some of the threads that are placed upon this
SETO site. They are beyond belief! First and formost-a PE
value cannot be formed based upon 9 months worth of numbers.
The market makers are not shorting this opp and for that matter
most donot hold size. This opp is responding to buying and selling!
For the nine months sales approached $17 million and earnings reached
$1.9 million or so--based upon 20 million shares outstanding SETO
has earned around .085/share fully diluted and based upon a proforma
of both companies.. The 8K will be filed today and the 10Q will
be filed within days--visit www.sec.gov for release of documents.
Even though this issue traded as high as .55-it is only normal that
a consolidation would occur, which ofcourse did when it fell to the
.40 level. Management anticipates that SETO will earn atleast .10
for the year. This number is probably very conservative when you
consider the recent 9-months. Base upon anticipated #'s SETO is
only trading at 4X 1997 numbers.
Investor types should become less emotional and look at the facts.
Within days you will be able to view the 8K and 10Q--This will enable
the properly trained investor the opp too make a value decision instead of one based upon assumptions that may be foolish.
saadvisory.com has featured this opp numerous times and
release an indepth story on it via the E-mail service--upon visiting
this site one should be able to find to E-mail dated Dec 4,1997--
This will clarify more info and allow some investors to remove their
heads from the clouds..
Bottom-line SETO appears very cheap at current levels based upon
the information that is avaible at present.
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