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

To: KZAP who wrote (1473)	3/1/1999 12:09:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 3222

I haven't done too much with the below $1 stocks in the past (I did take a position in SETO) so it is hard for me to tell if the "normal" P/E ratios apply - but based on 4 or 5 cents a share probable for last year and growth possibilities in a few areas this year, it seems this is a cheap stock. I assume when they backed out of the acquisition some folks left the stock, but it seems like the core company is stable. Another positive for a BB stock is to be reporting, and the initiative to generate some PR is a plus. In the short term, if the stock runs it will be for the wrong reasons (momentum and excitement over the internet sales thing), but I learned to care less about why it goes up as long as it goes up. I did leave myself some room to buy on a dip. Those are this morning's thoughts, happy to be aboard!