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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: charles moore who wrote (1791)3/16/1999 8:02:00 PM
From: william Velmer  Read Replies (1) of 3222
 
Charles Moore:
1. we recommended sept 97 at @.07
2. During March or April of 98 SETO hire us to produce
a research report -we were paid and fully disclosed-this was
a one time shot!
3.After the removal of TT we placed a hold on the situation.
4 Recently positive press changed our mind on March 10 or so
and we changed our rating from H to B.
5 After the huge run-up on Friday -over the weekend we contact
our phone service subscriber, and e-mailer's and told them to
sell 30% -We also contacted Mr Pian about our intention because
we wanted to explain to him why the partial sell.. We still like
the company very much and believe in him ability, but profit is our
motive. He understood and agreed!
6. We posted our intention on si after our release via e-mail, again
it made no difference because it was the weekend.

Charles I would appreciate that you would be less hostile since
you do not even know the whole story.

You should be more upset that quick-picks really screwed the investor
by not allowing an orderly market during market hours. I told
know one to buy the stock at $1.50 --but from .37 in one day
I will take this kind of profit everytime.

I am sure that you will continue to accuse me of everything in the
world like many of the other posters.

We have writing a hardcopy newsletter for 16years and whether you
believe it or not we stand by our ethics. We still like SETO and
may recommend it again if for some reason it drops back to the .34
level! Then you will accuse of something else!
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