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.

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

To: Trooper who wrote (391)	1/9/1998 11:53:00 AM
From: jan_mike	Read Replies (1) \| Respond to of 3222

John - looking forward to hearing what's happening. Good luck with the innards! It sounds like they are trying to avoid the big O, which is probably preferable. I don't think I'm disappointed in this stock. Of course I've had a couple that make this look like MSFT. I got excited when it started flying, but it's not a high flyer kind of business. All those boring and unidentifiable products won't fire people's imaginations like horrible investments Yahoo and AOL do. What those products will do is grind out sales and earnings, month after quarter after year. Management has demonstrated their ability to grow the business without mortgaging the future. I think that relentless earnings growth will someday be reflected in the price. I also think we need the word spread. Is a [3.5 p/e] a [3.5 p/e] if nobody notices? As the Dow correction continues, there might be some shift back to value investing. The values are more evident in the smaller companies. I swear this company is line for line right of a Peter Lynch book about his ideal company. All the above reasons, plus no analysts cover it. Now we might be able to factor in decreased expenses in Asian production facilities for products that now have a USA sales channel. I have put away my shares for however long (within this millenium) it takes. In fact, I am opening a trading account that will not be tax sheltered, so that I have to either make big scores, or be a little more discreet about identifing good companies. SETO is high on my list of companies that you can expect to do well for a few years. I will be buying my usual miserly quantity in that account when it is set up. If the price gets driven way down, I'll buy a larger percentage. If I put my entire GNP into it, they can buy a new wheelbarrow, or something. Best of luck again, Mike