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

To: LPasko who wrote (535)	2/16/1998 11:53:00 AM
From: KZAP	Respond to of 3222

I get a little tired of hearing about Warren Buffet. I don't think he is buying penny stocks. IMO, it works completely different when it comes to the Large cap stocks. I sure don't look or trade my INTC or CPQ the same way I do SETO or other small stock. They are in completely different playing fields! Different money, different players. In my business I can't handle residential customers the same as I do commercial customers. They are usually looking at different objectives. To explain: Roofing; To the commercial customer they want a good roof to last a long time with little maintainance. They usually don't care what it looks like, as you can't see it from their customers view. To the residential customer, the roof is sometimes 60% of what you see when you look at the house! Big differences! Another thing. The contractors are usually completely different. I play both fields. In roofing and the stock market. I know there is a big difference. Not many are watching these small caps until they reach a certain level. Then they start to get noticed. You are right about doing the dd! That's the whole key! How much dd is there to INTC? I leave that to the everyone else. There's plenty of others out there that keep a watch on those companies. All I need to do is buy when I think they are right, at again, my price. KZAP