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 : WR, LB and Friends. NO HYPESTERS OR SCAMMERS -- Ignore unavailable to you. Want to Upgrade?


To: Stuart Cole who wrote (2522)3/12/1999 7:27:00 PM
From: Tom Allinder  Read Replies (1) | Respond to of 13776
 
SETO, no clue. May ask one of the current shareholders. I think we have a couple here.

Tom



To: Stuart Cole who wrote (2522)3/12/1999 10:29:00 PM
From: Craig K  Respond to of 13776
 
sounds like an RS to me....

Craig



To: Stuart Cole who wrote (2522)3/12/1999 10:43:00 PM
From: William Hayden  Read Replies (1) | Respond to of 13776
 
Quick-Picks picked it at 3:45 and there was a mad dash of market orders. A lot of people got burned.

Quick-Picks - quick-picks.com

Our new pick is Seto Holdings, Inc. (SETO) - OTC:BB. A fully reporting
company. SETO is currently trading at .40

Seto Holdings is compromised of several subsidiaries - Semicon Tools, East
Coast Sales, DTI Technology, and Fuji Fabrication. The first three are
responsible mostly for industrial sales and manufacturing, ranging from
semiconductor fabrication supplies to technical ceramics for the
aerospace/defense industries. Currently their one consumer division, Fuji
Fabrication, manufactures rechargeable batteries for cellular phones and
computer related electronics.

According to a February 25th press release, revenues for continued
operations for the year should total about $2.8 million and profits should
be about .03.

In a very recent development (March 1), the company announced that they
will be coming online with a web site for the direct sales of their
rechargeable batteries. We find this very exciting, considering the
profit margin should be huge - Direct sales from manufacturer to consumer
with no middleman.

Gene Pian, the company CEO said, ''Since SETO now has DTI Technology and
Fuji Fab. Both companies with additional capacity for immediate growth for
manufacturing in Malaysia and a sales organization of very competent
trained personnel in place in Asia and the USA, we are forecasting revenue
growth and profits to be double last year, for the upcoming fiscal year
ending January 31, 2000.''

We consider SETO an excellent short term investment. There is something
about small/profitable companies that trade in the penny range that we can
not get enough of. Throw in a consumer web site which will market
cellular phone batteries and we really have something to look forward to.

Shares outstanding approximately 11 million. Current market cap about
$4.4 million.

Check out their web site at: setoholding.com