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


To: Stroke who wrote (2207)4/13/1999 9:51:00 AM
From: Harold V  Read Replies (2) | Respond to of 3222
 
Like I said a few days ago, SETO has some great things going for it, but other things raise questions. SETO's failure to meet stated deadlines is a problem--a credibility problem. Investors don't like getting jerked around. Institutions even less. I'm assuming that SETO's PR firm is reading this thread. If so, you and SETO need to learn either to say nothing or to make sure that what's said is done. Keeping to a schedule of dates is the mark of a well-run company. Giving one excuse after another, after another, after another makes the company look like a sloppy, piece-meal operation. It also makes the deliverer of the news (the PR firm) look like you're out of the loop, that you're no more in the know than anyone else. Your reputation is at stake too.
I hope that both SETO's CEO and its PR firm will also realize that at this point we don't need any more apologies. (We've already been given a string of apologies, and the more we get, the more hollow they sound.) We need precise information that will be FOLLOWED, such that it will build trust.
For the record, I'm not heartened a bit by remarks (excuses?) to the effect "SETO isn't as bad as the other two-bit BB stocks that never get things out on time." If SETO isn't an exception both in terms of its financials and its professionalism, it's not worth owning. Without manifesting both, SETO will never get listed on a credible exchange. Harold V



To: Stroke who wrote (2207)4/13/1999 10:48:00 AM
From: Jeff L. Payne  Read Replies (1) | Respond to of 3222
 
Excellent point. They need to learn to "manage their expectations"! This also doesn't bode well for all of Mr. Pian's statements about revenue exceeding the 3 cents per share. If he can't even get the release dates close, how the heck does he know so much about the results? Especially with all of the acquisitions/changes taking place last year. Time will tell. Good luck!