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Non-Tech : InvestRight Club Challenge

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To: Francois Goelo who wrote (621)3/12/1999 10:56:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 2662
 
What's with you and China? I know you must have read a fortune cookie because these stock's with Chinese connections are making you a fortune:

Seto Holdings, Inc. Announced the Addition of Two Representative Organizations for China and Malaysia

BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 8, 1999--SETO
HOLDINGS Inc.(OTCBB:SETO - news) announced today that two representative agreements have been signed for sales coverage in China and Malaysia.

Mr. Khor Yee Koon, the newly appointed sales/marketing group manager for all of Asia, based in DTI Technology, a wholly owned subsidiary of SETO said, ''The technical knowledge and customer contacts in the semiconductor industry of both of the new representative organizations, will immediately enhance the already existing network of sales people throughout Asia and will be instrumental in supporting the growth of SETO products for the Semiconductor and HDD (hard disk drive) computer industry.''


and more....

biz.yahoo.com

They also sell cellular batteries:

Seto Holdings Announced the Expansion of the USA Sales Team for Cellular Batteries by Signing Sales-Representative Agreements With Two Organizations

BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 4, 1999--SETO Holdings, Inc.(OTC BB:SETO)--Mr. Pian , SETO's President, said SETO has signed a sales representative agreement with 7K TECHNOLOGIES INC. of Salem, Utah, USA, for the cellular phone battery packs manufactured in Malaysia at the Fuji Fabrication plant, SETO's wholly owned subsidiary.

Stan Kell, president of 7K Technologies Inc. is a well know and respected equipment supplier to the battery industry with many years of sales/marketing experience. Mr. Pian stated that this is just what is needed to support the sales and technical knowledge required for SETO's future USA expansion to the direct selling on the INTERNET and the OEM market. The second agreement is with GM TECHNICAL SALES, Inc. in Minnesota, Gene Montanez president, has long term relationships with major battery distributors in the northern states. A third Rep organization is being reviewed for Canada
.

and more....

biz.yahoo.com

This one looks pretty good but I'm not sure why it moved so well today. What's going on Francois? What drove the stock up this afternoon?

quote.yahoo.com

Thanks, Jeff

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