Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stock Watcher who wrote (20307)	12/1/1999 9:52:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 52051

WINR news should help; SETO news fantastic: acqusition of a Manufacturer that will increase revenues by $17.5 million; qualifying them on the asset requirement for a NASDAQ listing; adds Sony, Phillips, and Acer computers to their brand mix; some products will be manufactured under the SETO name. From La Guardia GFS: (COMTEX) B: SETO Holdings, Inc. Acquires Fimas Electronics Sdn Bhd B: SETO Holdings, Inc. Acquires Fimas Electronics Sdn Bhd BRIARCLIFF MANOR, N.Y., Dec 1, 1999 (BUSINESS WIRE) -- SETO Holdings, Inc. (OTC BB:SETO) announced today the 100% acquisition of Fimas Sdn Bhd Malaysia and its subsidiaries, Fimas Electronics, Fimas Megatronics, Domipoly, Fimas Global based in Malaysia and Fimas Suzhou manufacturing facility in Taichang, China, a suburb of Shanghai. Mr. Gene Pian, SETO's President said, "by adding the FIMAS electronic consumer product lines to the SETO E MALL web site and the soon to be established retailers in the USA, will greatly increase revenues and profits. As a manufacturer of these products with the SETO brand name and selling direct to the consumer is an advantage most e commerce sites do not have. The products include DVD Players, CD ROM Drives, Home Theatre Systems, CD Player and Wireless Mouse. Fimas is a turnkey manufacturer of these products, in addition to many other computer and telecommunication products. The Fimas customer base is very impressive and includes such companies as ACER Technologies, LITE-ON TECHNOLOGY, PHILIPS SOUND SYSTEMS, SONY ELECTRONICS and others, which proves the reliability of FIMAS as a high quality manufacturer with ISO 9002 certification." The company reported that FIMAS current year sales forecast is $17.5 million, a profit of $500,000 and net worth of $4.4 million. The purchase price is 5 million 144 restricted SETO shares valued at $0.89 per share, no cash for the net assets. The deal includes a profit guarantee for year ending March 31, 2001 of $1,000,000 for an additional 1 million 144 restricted shares. Sales forecast for the same period is $22 million. Mr. Pian also said, "After consolidating the accounts of FIMAS, the recently acquired Hong Kong Batteries and SETO Holdings original subsidiaries, the Group is projecting sales of $30.0 Million and net profits of $2,100,000. Total shares outstanding will be approximately 18.8 million with estimated EPS of $0.10. After consolidating the balance sheet, SETO will be eligible for a NASDAQ listing except for the share price which must be $4.00, which we hope will be reached in the near future." SETO HOLDINGS, Inc., formerly Semicon Tools Inc. has been a public Company since 1987 and operates as a broad based technical manufacturer in two major product groupings: Technical products to industry: inclusive of diamond tools, wafer fab supplies and technical ceramics. Consumer products: cellular phone batteries. "Safe Harbor" statement under the Private securities Litigation Reform Act of 1995 Statements contained in this release which are not historical facts are forward looking statements that involve risks and uncertainties that could cause actual results to differ from projected results. Factors that could cause actual results to differ materially include, among others, economic and political events in or effecting Malaysia, the Company's dependence on the semiconductor industry and other risk factors detailed in the Company's Securities and Exchange Commission filings. Contact for Investor Relations: LaGuardia GFS call toll free 1-800-292-1361 or email to: comercio@riogrande.net.com web site: www.TwoTrades.com Company web site: www.SETOHOLDINGS.com or www.stidiamond.com or www.ecsceramics.com or www.fujifab.com Email: stiandecs@aol.com Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Investor Relations: LaGuardia GFS 1-800-292-1361 email: comercio@riogrande.net.com web site: www.TwoTrades.com Company web site: www.SETOHOLDINGS.com or www.stidiamond.com or www.ecsceramics.com or www.fujifab.com Email: stiandecs@aol.com WEB PAGE: businesswire.com GEOGRAPHY: NEW YORK INTERNATIONAL ASIA PACIFIC INDUSTRY CODE: MANUFACTURING COMPUTERS/ELECTRONICS MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story * Please note changes to La Guardia's contact info: E-mail: investor_relations@twotrades.com Web Site: twotrades.com Voice Mail: 800.292.1361 Live Answer: 888.577.6898 (this Live Answer number has been added due to heavy call volume. This number should be active sometime today, 12/1/99, or early tomorrow morning. The number will be answered from 9am-5pm CST. Please be patient with us as we grow to meet our customers needs. If you do not get a live person, PLEASE LEAVE A MESSAGE. All calls will be returned within one business day).

To: Stock Watcher who wrote (20307)	12/1/1999 10:17:00 AM
From: Francois Goelo	Read Replies (1) \| Respond to of 52051

S.W, and so can FRTI! Freerealtime.com Attains ''Fully Reporting'' Status With SEC... SEC Declares 10-SB Effective... NASD to Remove ''E'' Designation from Freerealtime.com Stock Symbol... IRVINE, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--Freerealtime.com, Inc., (OTCBB:FRTI - news), a digital financial media company, and a leading provider of on-line, real-time stock market quotes and on-line financial services, Wednesday announced that it is now a ''fully reporting'' public company to be quoted on the OTC Bulletin Board. To attain ''fully reporting'' status, Freerealtime.com filed its Form 10-SB with the Securities and Exchange Commission at the end of September 1999. The SEC has reviewed the Form 10-SB and informed the company that it has no further comments. The Form 10-SB is now effective and the NASD will coordinate the removal of the ''E'' designation from Freerealtime.com's stock symbol. ''Our confirmed status conveys the message to Wall Street and our shareholders that we are now a fully reporting public company and fully compliant with the SEC's disclosure and other regulations,'' commented FreeRealTime.com president and chief executive officer Brad Gunn. ''We are pleased to continue providing our shareholders and the public with timely operating and financial data through public filings with the SEC as well as through news releases and quarterly conference calls.'' About Freerealtime.com Freerealtime.com Inc. is a digital financial media company providing an array of stock market data, business information, and sophisticated research, analysis, and management tools for institutional investors, brokers, independent investors and respected resellers. CNBC's Power Lunch selected Freerealtime.com as its ''Cool Web Site of the Day'' on April 27, 1999. Freerealtime.com was also featured in Online Investor's May/June 1999 issue, as a ''Blue Chip Pick'' for market data. Visit the Freerealrime.com Web site at www.freerealtime.com. -------------------------------------------------------------------------------- Contact: Investor Relation Resources Marty Tullio, 949/566-9860