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 (454)	1/29/1998 1:08:00 AM
From: Eric Fader	Read Replies (1) of 3222

Mike -- Raytech (RAY on the NYSE) has a P/E of 1.18. Don't go buying it, though, because they have huge contingent liabilities for asbestos. When a co. has a tiny P/E, there's usually a catch. With HTEK, it's a fear of their dependence on one big customer and a small float and low price that discourage institutions. With SETO, it's just too soon after the merger for most to have noticed, plus the OTC-BB status and Asia connection are problems thus far. When a stock with a tiny P/E gets "discovered," the results can be explosive. Check the 5-year charts for PPD and XETA, to name a couple I've followed.

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