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: Brian H. who wrote (1333)10/8/1998 6:58:00 PM
From: David Smith  Read Replies (1) | Respond to of 3222
 
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

No, cash is king. You don't use cash to buy back shares and then use shares (at a discount) for additional acquisitions. Keep the cash reserves if you can do something constructive with it later. Cash is better for negotiating, not shares (unless you don't mind giving up a disproportionate amount of shares).

David



To: Brian H. who wrote (1333)10/8/1998 7:04:00 PM
From: KZAP  Respond to of 3222
 
I agree with both of you to a certain extent.

Invest in both, that, IMO is the best way. But to
each his own. Just pick a stock, it's most likely
undervalued.

I wonder why FAMH, ZULU and so many other OTC:bb stocks
have the "following" they have. It just doesn't add up.
Maybe the followers just have a little invested. Go figure.

SETO IMO is head and shoulders above those long shots.

SETO has a low float, ongoing earnings, cash and solid business.

Happy investing!

KZAP



To: Brian H. who wrote (1333)10/8/1998 7:42:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 3222
 
Brian and other SETO Longs: I am sorry but I had to unload my SETO in the last 24 hours (at a loss). This was necessary since I still have ALOT of DELL on margin and I chose to keep most of my shares. Life is a series of compromises.

This was not an easy decision. I believe that SETO may have a great future as a public company. But I am going to continue to bet on the premier large cap tech stock (DELL) in a big way. DELL's business has never been healthier and IMO they will recover to new highs quicker than most tech stocks. SETO has had INCREDIBLE volatility and has not been a profitable ride for me.

Good Luck with SETO.

-Scott