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

To: James Lee Baldwin who wrote (2412)	5/16/1999 10:27:00 PM
From: Bob Walsh	Respond to of 3222

Ultimately, buying pressure is always the answer, be it from all of us, a takeover or a company stock buy-back. I think the latter two are unlikely, so the question is what will increase buying pressure. I sold out at 5/8's after the second or third time earnings were promised and not released, so I suppose that investor confidence is pat of the equation as well. I'm still monitoring the company (obviously) but am undecided what to do (the first time I got in under 40 cents). BB stocks ae enough of a risk without having to worry about missed deadlines, etc. Still, the temptation exists on this one.

To: James Lee Baldwin who wrote (2412)	5/16/1999 10:31:00 PM
From: KZAP	Respond to of 3222

A stock split changes nothing about the fundamentals of a company. A forward split is thought of as positive, and a Reverse split is thought of as negative. Even when it is done for good intentions, like to qualify for a national listing. But why are we talking stock splits? It's acquisitions. The Fuji acquisition increases the number of outstanding shares. But it also increases our EPS! I hope they find a few more like it! :^) KZAP

To: James Lee Baldwin who wrote (2412)	5/16/1999 10:33:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 3222

Good question. I have seen, and am currently holding, a number of stocks that would fall into the category of value plays. They all have the same characteristics: great growth rates, positive and repeated earnings, very low P/E and oh, one last thing, virtually no apparent price appreciation...yet. Meanwhile, the community jumps on the next internut or cancer cure or whatever, none of whom have made a single dime. But they have future growth potential, allegedly, and since their fundamentals can't get much worse, people jump on them. I know you don't want to hear "buying pressure" as the answer to your question, but until enough buyers believe the stock is greatly undervalued AND existing shareholders keep their shares tight, there will be very little movement. Keep in mind, alot of people don't even know this stock exists. Among the relatively new shareholders, most of them probably didn't know SETO one year ago. So, LaGuardia can aid in spreading the word to new investors but it will be up to the current shareholders to stay long. Other than the occasional P & D, I really feel that these two steps are the only way to bring share price up to new levels. TG

To: James Lee Baldwin who wrote (2412)	5/17/1999 8:05:00 AM
From: jmt	Read Replies (2) \| Respond to of 3222

None of the above matters if the company is acquired with existing stock (no new shares are issued). Wish I could teach the wife how to shop like that. But to buy a company with stock that doesn't exist? The split doesn't dilute the price for those who own the stock--it does for those buying into the stock which is why splits occur. I do believe you are confusing the concept of dilution (earning per share) with stock price (reduction). jmt