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

To: KZAP who wrote (1942)	3/20/1999 5:53:00 AM
From: jan_mike	Read Replies (1) \| Respond to of 3222

Nada, except the trashy news letter. Why not hire Quick picks? Their news letter produced some buying, and it's an American company actually subject to some rules and regulations. Of course they were referenced in the email. Seto has made a big deal for 16 months about finding a quality IR company that wouldn't pump and dump, right? So the first thing their quality ir company does is mass email predictions to whoever they could find email addresses for that: <<<<La Guardia GFS has purchased in excess of 100k shares of stock on the open market over the past 30 days . Our near term (within 30 days) target for SETO is $2/share or better, and long term (6-12 months) is in excess of $5/share.>>>> My personal favorite: <<<<QuickPicks issued a strong buy rating for SETO just before the bell and the stock ran from around $.38/share to over $1.50 in 30 mins (including about 15 mins after the bell). I am anticipating similar buying in this issue over the NEXT TWO SESSIONS.>>>> Are they predicting a 4 bagger over the next TWO DAYS? It does say volume, not price. Price prediction in 30 days? Volume predictions for the next two days? Does that sound like quality Investor Relations, or a pump? Somebody said it contained nothing but "factual information". ? And then there's the nugget where they overstate the profit by a factor of 1000 percent. It's not a typo, note how it's stated. I don't know for sure, but I think this letter violates a few SEC rules if issued by SETO (which it is if it's their legal representative) in this country. On the upside, the email address is valid. I mailed a test message and even got a response. "TEST of what?" SETO,s new motto "Offshore IR, for the bargain hunting company". If you're a trader, it's got potential. If you're an investor, as most posters seem to be on SETO, it's horrible. We were wondering if SETO was buying back shares. What if you knew then that it was a Mexican email club, how would you have reacted? Last paragraph IMO, the rest a matter of public record, if that email was really sent out.