SETO finally reports earnings and is one of the few profitable companies under $1.00. Good news indeed. I understand they will have considerable loss carryforward into this quarter so the eps numbers for Q2 will be significantly better.
As I said earlier, anytime you have a profitable companyon the BB, it is worth looking at, especially if it is priced where this one is.
BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--April 22, 1999--SETO HOLDINGS,
INC. (OTC BB: SETO) announced today that revenue for continuing
operations for fiscal year ending January 31, 1999, was $2.65 million, a
26% increase over fiscal year ending January 31, 1998, and income from
continuing operations of $232,541. EPS of $0.022 on the weighted average
of 10,548,500 common shares outstanding, as of fiscal year ending
January 31, 1999. |
