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


To: KZAP who wrote (2176)4/11/1999 11:05:00 PM
From: Dave Gore  Read Replies (4) | Respond to of 3222
 
** SETO HAS LOTS OF POSITIVES: low market cap, lots of good quality SI folks and some of the better Newsletters who like it. That is a definite plus.

SETO seems destined to belong in the big leagues at some point....they have all the makings. Excellent management and contacts, access to high quality and cheap labor, big name clients, quality products and technology in a rapidly growing market segement, etc.

Also reasonable float and shares O/S ...in other words, a very reasonable MARKET CAP.

PS-- I wish people would understand Market Cap better. This is the REAL WAY to figure out if one stock is cheap compared to another.

MARKET CAP = shares O/S x stock price

That's why all similarly priced stocks are not the same folks....look at MARKET CAPITALIZATION, not just stock price.

EXAMPLE:
A stock priced at $1.00 is often WAY WAY cheaper (or at least undervalued) compared to a 10 cent stock.