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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: Stroke who wrote (2294)4/23/1999 5:10:00 AM
From: Dave Gore  Read Replies (1) of 3222
 
I am on vacation, but I'll SCREAM ANYWAY. SETO will earn 10-20 cents per share in the next 12 months! It's almost a certainty, imo.

Using a PE of 25 (which is below avg) gives a Fair Market Value of $2.50 - $5.00, which I think will happen after Q2 or Q3.

EDUCATED GUESS BASED ON SOME EXCITING DEVELOPMENTS HAPPENING:
Q1 2.2
Q2 3.2
Q3 4.0
Q4 5.0
TOTAL: 14.4 x PE of 25 = $3.50+

I have to marvel at the weird logic that happens when people on SI bid up crap stocks that won't have earnings for quarters or even years, based solely on promise of some technology or some news that might, if all goes right, make them profitable. There are tons of those stocks over $1.00 even.... in fact, I would bet that 70-90% of stocks between $1-3 have are not profitable and many, if not most, are not even reporting!

But when you have a company that is profitable and under 50 cents....and REPORTING....and people are talking of dumping, I have to absolutely wonder where those doubter's minds are at. LOL!

Absolutely incredible! And I thought Twilight Zone was off the air.

To those of us who are rational and "get it", we will just take advantage and wait for a few days and weeks for our investment to pay off.

Bottom line is that they are profitable.... some of you are analyzing and nit picking way way too hard.
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