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

To: jan_mike who wrote (1331)	10/8/1998 5:01:00 PM
From: CrazyTrain	Respond to of 3222

I agree with you that these announcements may have little effect on the stock price but it is because there are not enough people aware enough of the company who follow their press releases. If a good PR firm would get these same press releases before the right groups it would make a difference.

To: jan_mike who wrote (1331)	10/8/1998 5:52:00 PM
From: Brian H.	Read Replies (3) \| Respond to of 3222

Mike, You may be right, but even at these levels, I would not back up the truck on such companies as DELL, MSFT, CSCO, or INTC. While these stocks have tanked considerable in the past few weeks, they could head further South. If the company buys back 100,000 shares, they have essentially retired the 100,000 shares used to acquire the Fuji Fabrication Plant. I am sure TraderGreg would agree that any revenues or earnings generated from a company at a "ZERO" cost works out to a pretty good ROR and ROI. As for using the money for other ventures, the company is sitting with over $1.2 Million in cash and 11 Million shares. If the company can continue to buy back shares that they used for acquiring companies and maintain a low OS count while increasing Assets, Revenues and Earnings, then I am certainly all for it. As for this news bringing in additional buying, I would not bet the farm on that either. IMHO, in my talks with Mr. Pian, he is very focused on growing the company and I for one have no problem with him using cash to buy back shares. Remember, we just retired 10 Million shares. We have all kinds of shares available for additional acquisitions...:) Brian H.