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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Jonathan Lebed who wrote (3242)2/15/1998 11:09:00 PM
From: Eric Fader  Read Replies (1) of 27968
 
SETO (Semicon Tools) is a reporting company on the OTC-BB that is trading at roughly 5 times earnings, including the company they just acquired. The extenuating circumstances there are, the acquisition occurred only recently and the "smart money" is just catching on, AND the acquiree is a Malaysian company and many people don't understand that the Asian meltdown actually helps SETO by reducing their manufacturing costs. There is objective, verifiable information on file at the SEC, not just some blowhard CEO who doesn't know the difference between gross and net, or at least hopes that his naive shareholders don't. If the "smart money" thought FAMH was really going to have true EPS of .11, or anything close, it sure as hell wouldn't be in a downward drift at .25.

Go ahead and flame me, but we'll see who turns out to be right.
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