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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 (1443)2/27/1999 7:39:00 AM
From: TraderGreg  Read Replies (2) of 3222
 
Great post Jeff. That further adds to the points I made earlier. When everyone blew out of SETO, citing the backout of the Teik Tett deal, some other key points were missed:

o The backout of the TT deal also produced a company that is now essentially debt free.

o Note that Mr. Pian stated that earnings of $600K were projected for the past year(ex-TT) and $2.3 mm forward looking. SETO earnings were 200K for the year BEFORE the TT acquisition.

TG

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