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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (2590)7/2/1999 10:14:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 3222
 
FOR NEW INVESTORS: Agree Gary, this Company is one of 4% of all Profitable BB's; apparently 17 quarters straight of net profits. It is also one of the very few stocks priced under 50 cents that is profitable.

This is one of those stocks that investors panned a while back, because expectations were ridiculously high and the company missed expectations on earning by .003 cents or something and missed fully audited financials by a few weeks.

But the big picture is excellent:
They ARE profitable
They ARE reporting
They ARE very cheap

Plus one of the reasons they did not beat earnings last quarter is that they decided to carry over some tax loss to make Q2 look better.

It is an odd phenemenon when investors ignore the big picture. Reminds me of SYCD at 25 cents. It's the type of stock I love to buy and just wait.