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


To: KZAP who wrote (2400)5/15/1999 12:46:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 3222
 
SETO is a stock that many are not taking seriously (YET). They have forgotten that SETO was recommended by I believe 2 newsletters and it has already broken resistance up to $1.50+.

I believe that the IR firm's clients are slowly buying up all the cheap stock they can and beginning to lock up the float. That is waht happened with WLGS I believe as well as FTRK and others before they took off.

We will see. But all the factors for success are here.....reasonable O/S, reporting, history of profitability, past recommendations from quickpicks and others who gave it a target of $4.00 (or so I recall) and beyond, etc.

Will it happen next week? next month? in the fall?

Well, imo, this stock should be around $1.00 - 1.50 or so now, and then after a really good earnings report in July or so, this should hopefully go up above $2.00.

Patience....this is a good core stock, as long as they continue to improve the company. Risky? BB's always are, but this one has way more pro's than con's for me.

DISCLAIMER: as always do your own DD. Information that anyone posts on SI is not guaranteed.