SI
SI
discoversearch

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


To: michael john stout who wrote (3004)3/6/2000 12:57:00 AM
From: Marshall  Respond to of 3222
 
At the time the semi cap equip sector had already pretty well run and the majority of SETO's business resided in that area. Signs of decreasing revenues going forward may have tempered their plans a bit back then.

Only a guess, looks like a solid business plan going into effect this time.



To: michael john stout who wrote (3004)3/6/2000 2:12:00 AM
From: Dave Gore  Respond to of 3222
 
My recollection is that SETO has been profitable for something like 16 of the past 17 quarters. They got a newsletter recommendation about a year and some months ago and the stock went up from 50 cents or so to about 1.625 in one day.

Then and ever since, it seems that the MM's have gone out of their way to kill momentum every time the stock deserved to go higher. Most people seemed to get frustrated and finally sold. It is much like what happened to WINR.

SETO only recently greatly expanded their sales and product line through an acquisition and good management decisions.

Their I/R is about to change too, I understand, which certainly can't hurt.

Their market cap is low and the stock could easily double or triple from here if the MM's decide to let this Company's stock trade fairly. I hate to blame the MM's but on this one I have witnessed too many walkdowns and shenanigans.

We might need one more really good news release to break solidly through $1.00, then the next resistance is 1-5/8th in my opinion.

Good company, solidly run, good niche.

That's my opinion, hope it helps



To: michael john stout who wrote (3004)3/6/2000 2:40:00 PM
From: Dave Gore  Respond to of 3222
 
Congrats all LONGS! ...Recommended by Stk2Watch today, price target = $3.15; congrats to all longs, I think we are going much higher this week. We were going to get there anyway, but this should kick start us much sooner. SETO deserves to be at $2-3 I think, especially with news of their new high speed Internet products and other telecom products they will be selling.

Patience often pays off well.

Stk2Watch - March 6 - 8, 2000

*************************************
Picked at: $1.12
Short Term Target: $ 3.15
*************************************

Check out the news issued today and 2/2/2000.

SETO Holdings, Inc. (News 2/2/2000): (OTC BB:SETO): On a pro forma basis
for the nine (9) months ended October 31, 1999 sales were $17,504,462 with
net income after tax $ 444,099 or $.03 per share on the weighted average
number of shares outstanding 17,415,565. For the period ending October 31,
1999 the total assets are $13,528,604 and stockholders equity of
$6,561,014.
The Company's President, Gene Pian, pointed out that all subsidiaries are
performing very well and are on track to meet the forecast of $24 million
revenue and profits of $3+ million for year ending January 31, 2001.

The Company, in November 1999, acquired Hong Kong Batteries Industries,
Ltd. located in Hong Kong and main land China and Fimas Electronics Sdn
Bhd, located in Malaysia. See previous news releases for additional
information.
-------------------

SETO Holdings, Inc. Forms a New Company SETO -M- Sdn Bhd Malaysia as a
Joint Venture in the Telecommunications Industry

BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 6, 2000--SETO Holdings,
Inc. (OTC BB:SETO) announced today the incorporation of SETO (M) Sdn Bhd
for a Joint Venture with Global Electronics Sdn Bhd in Penang Malaysia for
the development and marketing of telecommunication products for the world
wide market.

The first products to be launched are: (1) a Windows-based Net PC and NC
terminal, (2) a 1000 S Web and handset for Internet access with built in
modem, (3) a SetoTalk Standalone Internet Phone Device with Speaker Phone
and Microphone, and (4) an ADSL modem for multi user applications. Other
products, already in design phase, will follow in the coming months.

Mr. Gene Pian, president of SETO said, " The new telecommunication
products will be manufactured and marketed by wholly owned subsidiaries or
joint venture partners of SETO Holdings, Inc. The immediate markets will
be in SE Asia and China with expansion into the USA and Europe during
first quarter of 2001. SETO (M) is already in negotiations for an ADSL
system for a government project in Malaysia and is expect to be in
production within 4-6 months. Estimated revenue for the first year for
ADSL products alone is $4.4 million."

Adding telecommunication products broadens our customer base, expands the
product lines for SETO's e-commerce web site and increases the profit
margins for the contract manufacturing subsidiaries because we are
producing and selling direct to the end users, said Gene Pian.

Details of each product will be available soon on the SETOHOLDINGS.com web
site.

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, rechargeable batteries for
all uses, consumer electronics such as home theater sound systems, DVD,
VCD, VCR players.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)