SETO Semicon Tools Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SETO Semicon Tools Inc.

SETO 0.00630

-10.0%

Nov 5 11:11 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chief who wrote (2122)	4/3/1999 10:33:00 AM
From: TraderGreg	Read Replies (1) of 3222

Thanks Chief...this isn't specifically directed to you but I do want to reiterate a point I made a while back about SETO's FY1999 earnings. I too hope they are better than expected and all that. However, using FY1999 as an indication of FY2000 projections is totally inappropriate. Those expecting blow out performance for FY1999 may find themselves disappointed. But they shouldn't be and here is why. Fully the entire first nine months of that FY was dominated by the issues of attempting to refinance Teik Tett debt and undoing the acquisition. Not until well into the 3rd quarter was this matter resolved. As such, no acquisitions were made. Moreover, there were 1 time charges(that will be exed out) as a result of the dissolution of the Teik Tett deal. Compare the activity during the past two months to the entire preceding year and you can see the company of FY2000 looks nothing like the SETO of FY1999. So, it is my opinion that the 1st, 2nd and 3rd 10Qs of this FY will be far more indicative of the performance of SETO than the last year's 10K. And I believe these forward Qs will be quite positive indeed. TG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next