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

To: Harold V who wrote (2270)	4/19/1999 9:30:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 3222

Harold--Be patient, SETO will release its earnings. As I said earlier, from a selfish point of view, I hope they are late. I still maintain that last year's activity is pretty independent of the current SETO. Last year, the management were totally consumed on how to refi the Teik Tett debt. As such, they were totally unable to focus on the future. Note that right after the TT de-acquisition decision was made, things started happening. REMEMBER EVERYONE: SETO earnings data for FY1999 will include costs associated with backing out of the Teik Tett deal. If GAAP criteria are applied, they will show earnings with TT backed out as a one time charge, but otherwise, the combined earnings will have been diminished. TG