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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: hooters_akimbo who wrote (1398)2/24/1999 6:24:00 PM
From: KZAP  Read Replies (2) of 3222
 
SETO has been profitable.
Still is profitable and become more profitable. JMO

Here's more of the questions I asked management.

6) Is getting SETO listed a very high priority?
A: Yes. We have always had a plan for a Nasdaq
or Amex listing and continue to work towards that
goal.

7) Will there be a RS to help get SETO listed, or is
that not a part of the plan?
A: We are NOT planning and will resist a RS but will
have to do whatever is necessary to get listed. The
market makers and/or underwriters usually determine
the method to accomplish the listing.

8) What is the current growth projection of the company?
A: The company WITHOUT TTH grew from 2 million to
just under 3 million for 1997 to 1998, we expect to more
then double growth this coming year and are forecasting
7+ million without an acquisition.

The above is the gist of the questions and answers of
my last contact with SETO this week.
In the past the company has been conservative with
what they have told me. I have been satisfied with
the way things have been going with SETO. With the
exception of the lack of a IR person. Mr. Pian (and I agree)
is leery of hiring a IR person due to the lack of good
IR companies out there. Bad experiences in the past
is one reason I think management is cautious.

If you have some questions let me know and I'll try to
get them answered for you.

Happy investing!

KZAP
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