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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (7092)4/22/1999 6:16:00 PM
From: mike.com  Read Replies (3) | Respond to of 52051
 
SW - on IATV - the stock has tanked for no reason thus giving long term investors the buying opportunity of the decade. By the looks of the price action you would think all the latest news was bad. That could not be further from the truth. This company is poised to be a great success. The one analyst who follows it has reiterated his BUY rating and raised his revenue projections from 7 million this year to 50 million next. With a growth rate like that where do you think the stock price will be a year from now? Definitely NOT 12 9/16!!



To: Stock Watcher who wrote (7092)4/22/1999 9:40:00 PM
From: Dave Gore  Read Replies (3) | Respond to of 52051
 
SETO finally reports earnings and is one of the few profitable companies under $1.00. Good news indeed. I understand they will have considerable loss carryforward into this quarter so the eps numbers for Q2 will be significantly better.

As I said earlier, anytime you have a profitable companyon the BB, it is worth looking at, especially if it is priced where this one is.

BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--April 22, 1999--SETO HOLDINGS,
INC. (OTC BB: SETO) announced today that revenue for continuing
operations for fiscal year ending January 31, 1999, was $2.65 million, a
26% increase over fiscal year ending January 31, 1998, and income from
continuing operations of $232,541. EPS of $0.022 on the weighted average
of 10,548,500 common shares outstanding, as of fiscal year ending
January 31, 1999.