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


To: Joe Bilich who wrote (1569)3/11/1999 1:50:00 AM
From: TraderGreg  Read Replies (2) | Respond to of 3222
 
Sure Joe, I'll give you the Cliff notes version:

Fall '97--SAAdvisory picks up SETO in the 7 to 10 cent range and declares it a strong buy.
Spring '98--Stock runs up to 1.00 and stalls, then starts falling.
Summer '98--Stock continues to run back down into the low 30s. At this point, Vellmer announces they are out of SETO, citing the failed TT deals...ALL THE WHILE IGNORING THAT T E N M I L L I O N shares were being returned to the treasury, ignoring the fact that Pian was able to extricate from the TT deal, ignoring the fact that Pian was aggressively pursuing low cost acquisitions(like the battery company) that would quickly become very accretive to the bottom line.

Winter '99--Stock bottoms in the mid teens and then heavy volume from who knows where kicks in. Round up the usual suspects and look who's upgraded SETO now.

Like I said, makes me want to vomit...all in my humble opinion of course.

TG