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

To: KZAP who wrote (2106)	4/1/1999 9:50:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 3222

I agree. The original estimates were based on wholesale to major manufacturers of phones with an 18% margin on a $10 wholesale price. I would think internet and other retail sales will be based on a much higher sale price so the margins should be a good bit higher. TG

To: KZAP who wrote (2106)	4/1/1999 9:57:00 AM
From: hooters_akimbo	Read Replies (2) \| Respond to of 3222

KZAP, I went to LaGuardia's web site and they gave SETO a PE of 40. I guess the main question is: what is the correct PE for a company like SETO??? Is it a "DELL like" 60, or is it something much lower. I know PE is largely determined by industry sector, however, since SETO is diversified, I do not thing anybody really can tag the correct PE. That what makes this stock fun. Anyway, I put a buy order in for 2K shares (I'm not rich) early this morning above the bid and it still hasn't filled. I think thats a pretty good sign that the "market" is holding on to something that is valuable (IMHO).