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

To: findstock who wrote (3053)	3/27/2000 9:55:00 AM
From: Gerald Merna	Respond to of 3222

(BSNS WIRE) Production Orders and Direct Sales Commence to Consumers in Mai Production Orders and Direct Sales Commence to Consumers in Main Land China Via SETO Holdings, Inc. Subsidiary Business Editors BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 27, 2000--SETO Holdings, Inc. (OTCBB:SETO) today announced that it has commenced with production and direct sales to consumers via the FIMAS Electronic plant in Suzhou China near Shanghai, a subsidiary of SETO Holdings, Inc. The first two products to be distributed are a "set top box" which is a direct Internet connection via a standard television. The second product is a Philips Electronics (NYSE:PHG) brand name speaker sound system. SETO Holdings, Inc. expects that these initial orders may generate up to $1 million dollars in revenues for the Company. Gene Pian, CEO of SETO Holdings, Inc. commented, "Distributing two products for the Chinese consumer has great profit potential for SETO. Even more exciting is the fact that one of our new products allows Internet access without requiring a computer for a market of 1.3 Billion people. This is an immense opportunity for SETO's penetration in this market." "We are extremely pleased to have been able to enter this market with two significant product lines. In addition, we have another strategic advantage over other companies trying to penetrate into the Chinese consumer market. Because we are a Chinese manufacturer selling to China, SETO has obtained duty free status for products sold to local consumers, thus increasing our profit margins even more." About SETO Holdings, Inc. Founded in 1975, SETO Holding, Inc. 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; and Consumer products such as cellular phone batteries, rechargeable batteries for uses, consumer electronics and telecommunication devices. Please visit the Company's web sites: www.SETOHOLDINGS.com, www.stdiamond.com, www.ecsceramics.com, www.fujifab.com, www.hk-batteries.com.hk, and www.cticomm.com.my . Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. --30--bc/ch* CONTACT: R.F. Services, Inc. Renee Fisher, 888/882-8383 or 714/220-2900 email: rfpres@hotmail.com KEYWORD: NEW YORK INDUSTRY KEYWORD: HARDWARE NETWORKING TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: findstock who wrote (3053)	3/27/2000 10:20:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 3222

Findstock, MM's will drive anyone nuts who is a shorter term trader. If you try to buy on momentum runs, sometimes you are going to be underwater. They know that, and sometimes will not let a stock run again until enough short termers have sold at a loss and moved on. Then they often add insult to injury and really make you feel stupid again for selling early. SETO was left for dead at 30-50 cents several times before enough longs accumulated, held, and bought the dips. The patient usually always win on excellent quality companies. I try to buy mostly excellent quality companies when either few know about them or if the stock has tanked after a panic sell and daytraders getting out. I try to win short, medium, and long term. I try to never be underwater and I try to be patient. Usually it works pretty well. If I am underwater a stock, I usually make it a longer term investment and just hold...if I love the company. Watching the ticker all day and getting pissed off at yourself because you think you paid too much is not very healthy. If I can't wait or I have second thoughts about a company, then I may sell at a loss and move on. With earnings season upon us, I am not planning on selling many of the good stocks I have, but I won't be in the OTC too heavy this summer.