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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: KZAP who wrote (14974)9/14/1999 10:02:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 52051
 
Yes, SETO profits increased over 900% compared to Q2 last year.

Looks like the cellular battery sales have provided a solid means of growth, as revenue is up about 40% as well.

DIRECT QUOTE: "For the second quarter ended July 31, 1999 as compared to the previous year's, the Company's net sales
increased 39.7% to $861,058 from $616,457 and net income increased $76,299 or in excess of 900% from $8,062 to $85,361."

For a fully reporting company this stock seems like a really good value here under $1.00. I believe they have now had 15 straight quarters of profitability. When will they get discovered? We'll see.