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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.007000.0%Nov 14 9:30 AM EST

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To: Zorba1 who wrote (2285)4/22/1999 8:30:00 PM
From: TraderGreg  Read Replies (1) of 3222
 
The market will tank it because .022 is less than .03 expected. However, if they read carefully, they will see:

Mr. Pian stated, ''the results were a little less than expected due to the high expenses for the PR, capital fund raising efforts, extra expenses attributable to the dissolved acquisition of TTH Holding Sdn Bhd in September 1998 and the moving and set up expenses of the new SETO HOLDINGS, INC. headquarters and manufacturing/warehouse facility in Briarcliff Manor, New York.''

Most companies ex out the one time/extraordinary charges for undoing activities like TT. However, most people won't notice that. Will be curious to see the full K to see what earnings would have been with those charges backed out.

TG
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