posted January 30, 2004 10:38            

Cetek Shareholders` Report for the Fourth Quarter 2003

January 30, 2004 10:09:00 (ET)

POUGHKEEPSIE, N.Y., Jan 30, 2004 (BUSINESS WIRE) -- Cetek Technologies Inc. (OTC Pink Sheets: CTKH) reports that the fourth quarter of 2003 was the first profitable quarter in over four years. Revenues for the year 2003 were 185% higher than the year 2002.

Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry.

Larger sintering furnaces, in the ceramic area, will come on line the first quarter of 2004, hence increasing available capacity by threefold. Having this increased capacity will have a favorable impact on the response time to customers. So far, Cetek has been able to maintain all shipments on schedule.

Cetek's primary customer from England, for whom we are building special furnaces, has issued Cetek Technologies more orders for these large furnaces. This product has generated strong demand in the United States and overseas. Substantial sales for this product line are expected throughout 2004 and into 2005.

Also, Cetek Technologies is proud to announce it has initiated its stock buyback program for the benefit of the shareholders. No information will be disclosed until it is completed, and no specific time limit has been set.

Cetek Technologies Inc.'s CEO, Fayiz Hilal, stated, "I am pleased with the quarterly results and very optimistic about Cetek's business landscape and I think it will be another rewarding and profitable year. I thank all shareholders for their continuous support. We will endeavor to keep shareholders informed of our efforts in developing Cetek into a significant player in this industry. We believe these recent events will lead to increased shareholder value."

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "may" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.

SOURCE: Cetek Technologies Inc.

posted January 30, 2004 10:46            

"Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry."

posted January 30, 2004 11:19            

quote:

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Originally posted by clay1999:
WOW what a wild ride today holding strong and long
Clay

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PEOPLE ARE JUST SECURING FREE TRADE POSITION (FOR THOSE WHO PURCHASED IN THE .004 LEVEL) AND SOME PROFIT TAKING.

I AGREE--UP HILL FROM HERE. LOTS OF POTENTIAL AT A GREAT PRICE.

posted January 30, 2004 11:44            

Rico Mambo.
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quote:

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Originally posted by gpmac:
LOOK! LOOK! LOOK! FROM THE 4TH QUARTER REPORT!

"Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry."

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posted January 30, 2004 12:54            

quote:

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Originally posted by Anna:
.006 Anybody have any thoughts?

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YEAH, KEEP GOOD NEWS OUT OF THE PRESS??

MM'S ARE IN CONTROL. VERY SMALL SELLS IN THE 25,000 RANGE TAKE IT DOWN. THIS MAKES WANNA BEE'S PANIC SELL. JMHO

IT'S OK...WHEN THEY GET WHAT THEY NEED IT WILL BE RIGHT BACK UP TO .007+

JMHO

posted January 30, 2004 13:26            

quote:

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Originally posted by Randy803:
Diana I am glad to here that, I am a wanna be but I ALWAYS listen when you post so I am going to hold strong at .0069 and hope for more!

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RANDY,

I HOPE I DID NOT OFFEND ANYONE. CERTAINLY DID NOT MEAN TO. SOMETIMES PEOPLE WHO JUST START TRADING PANIC EASILY. THAT IS COMMON IN PENNIES AND UNDERSTANDABLE. BACK UP TO .0062 NOW AND I THINK IT WILL RECOVER NICELY.

ANOTHER REASON FOR SELLING. PEOPLE OFTEN MARGIN OR SHORT COMPOSITE STOCKS. WHEN THEY ARE SHORT ON MONEY TO COVER THAT CALL (HAVE TO PAY UP BY 2:00 ON FRIDAY) THEY OFTEN SELL SHARES OF OTHER STOCKS IN THEIR PORTFOLIO TO COVER MARGIN CALLS. JMHO.

NOW .0064

PLEASE DO NOT PUT A LOT OF STOCK IN ANY ONE OPINION. LIKE A-SS HOLES WE ALL HAVE ONE.

FEEL CONFIDENT ABOUT YOUR CHOICE OF STOCK PICKS BASED ON YOUR OWN DUE. THIS DOES ALEVIATE SOME OF THE STRESS ASSOCIATED WITH TRADING PENNIES. LOL THAT AND A BOTTLE OF ZANAX AND GLASS OF WATER BY YOUR COMPUTER AT ALL TIMES.

GOOD LUCK TRADING.

posted January 30, 2004 13:51            

I'm in the same boat as you and I second everything you said. I'd say I'm definitely hooked. There's such a mountain of stuff to learn. I guess it just takes time and experience. I also appreciate being able to learn from the experienced like Diana, Uncle Milty and many others on this board.

posted January 30, 2004 13:57            

TAKE A LOOK AT THIS SITE...
WWW.DRUDGEREPORT.COM

HERE'S A CLIP OF THE NEWS GOING ALL OVER THE WORLD...

Economic Growth Below Expectations

Jan 30, 11:56 AM (ET)

By Glenn Somerville
WASHINGTON (Reuters) - U.S. economic growth slowed to a 4 percent annual rate in the closing three months of 2003, less than half the third-quarter pace as consumers curbed their spending, the Commerce Department reported on Friday.

posted January 30, 2004 14:49            

quote:

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Originally posted by gpmac:
DON'T WORRY ABOUT THE DROP THIS AFTERNOON, THIS WAS CAUSED BY THE "U.S. EXPECTATIONS OF ECONOMIC GROWTH" NEWS THIS AFTERNOON...
IT'S NOT JUST CTKH.
ALL STOCKS ARE DOWN....

TAKE A LOOK AT THIS SITE...
WWW.DRUDGEREPORT.COM

HERE'S A CLIP OF THE NEWS GOING ALL OVER THE WORLD...

Economic Growth Below Expectations

Jan 30, 11:56 AM (ET)

By Glenn Somerville
WASHINGTON (Reuters) - U.S. economic growth slowed to a 4 percent annual rate in the closing three months of 2003, less than half the third-quarter pace as consumers curbed their spending, the Commerce Department reported on Friday.

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GOOD CALL!! THIS IS EXACTLY HOW WE HELP EACH OTHER. WITH GOOD STRAIGHT UP INFORMATION THAT MAKES SENSE. ALSO EARNING IN THE LAST TWO WEEKS. A LOT OF MARKET AND PORTFOLIO SHIFTING.

posted January 30, 2004 15:22            

I think no news today would have been good news. Bulls rushed in as is our nature but ran out of fuel.

I will be researching this new pattern, or what it looks like it will be at the end of trading today. Not one I am familiar with.

posted January 30, 2004 16:18            

quote:

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Originally posted by Randy803:
I am learning day by day. I am also learning to do DD but I find following the smart traders like yourself and a couple others seems to keep me out of the deep troubled waters for now. Thanks for everything Diana and I was not offended I AM a wanna be headed to an IS hopefully. LOL

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The best thing one can learn IS WHEN TO SELL & not let greed take over.....This is very hard & I as a newbie learning a lot from this site.

There is always a lot of buy signals but it is very hard to detect a sell signal, at least for me.

My rule - Gets my attention once above 50%...wait to see if it get to 100% & it is a stock I want to day trade, I should sell. Well, I did not do it for SFII, in @ 0.0016, hit high of 0.0035 (should have sold), today @ 0.0017....

So other lesson follow your own rules you have set & do not let greed take over it.....

posted January 30, 2004 16:24            

quote:

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Originally posted by VNGNTN1:
YEH
I hate to be to expressive R21 bit my head off a couple times last week, but I'm happy on this one.

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VAN,

ONLY WHEN YOU THROW A LOW BLOW!! LOL

NOW LETS MAKE SOME MONEY ON THIS BEEEAAACH.

posted January 30, 2004 19:34            

My biggest concern is that the buyback is not finished which means it's not in the companies interest for the stock price to rise. I wonder when they plan to finish this?

Then there are the questions.
1. 180% of what? pretty meaningless number.
2. We know Nano's hot, but will Cetek get any of the 4 billion in federal money?
3. While it would seem the furnace business is strong, what's happening with the fuel cell and CNT part of the business. What's the projected revenue from furnace sales.

posted January 30, 2004 21:14            

WAY UNDERVALUED, I cant name any stocks under a penny that are making money.

AND IN NANOTECHNOLOGY ON TOP OF THAT.

#1- alot of people bought in = for the anticipation of a news release, and sold on the release to take profits.
ALOT OF PROFIT TAKING.

#2 their is strong support in the 5's.
I do not think it will break below the 5's.

#3, the CHART is extremely bullish.
CONSTAND uptrend.

POPS up , retraces to fill gap, and then pops up even higher. THEN retraces to fill gap and again pops higher.

THIS time, we were hit with profit takers, and will likely find support in which I believe we did, and then pop up to a new high above .0079.

This is a beautiful stock to own long term.

posted January 30, 2004 21:21            

Also, in regards to the reason that they did not say their exact numbers could be of one of two reasons I believe. #1 is because it is possible that it may have something to do with SEC regualtions because they are a pink sheet stock.(Any help in this area is appreciated) #2 could possibly be because they are still buying back stocks and if they release a number they may not be able to get these shares as cheap as they want.

This is just my opinion and I'd like to know what fellow investors think of this theory.
Have a great weekend everybody!!

*** GO PATS!! ***

posted January 30, 2004 23:54            

STO is above 80 with 5 & 10 DMA supporting PPS, a good signal for possible breakout.

PPS is suported by 32 DMA also.

PPS is crawling near the upper bollinger band, a good signal.

The chart has clearly formed an Ascending Triangle with downslope volume, which indicates an upper breakout.

I think, today news was pretty good but investor really wanted to know more about the rumored deals with Motorola, Samsung, etc. Their earnings seems to be very positive.

This should breakout in the next coming days.... Charts support it & PR supports it. No need to worry about an R/S either since they have confirmed their buyback now in two PRs.

I will not risk this stock in day trading..I think our patience has finally paid off.....

posted January 31, 2004 01:31            

GREAT INFO WITH A SOLID BASIS FOR YOUR OPINION. THANKS FOR THE DUE.

posted January 31, 2004 09:05            

CMF chart 1/30 looks like 12/15. Indicator has dropped below zero. The bar for the day closed in the bottom half of its range and is a bearish engulfing line. Significance may not be great following a consolidation for the week rather than strong uptrend but could signal a slight retrace.
CCI indicator does not reveal much to me. There is no divergence and being near to zero does not indicate either overbought or oversold. Is there another interpretation?
http://charts3.barchart.com/chart.asp?sym=CTKH&pagesource=texpert&grid=Y&data=A&code=BSTK&ov1=66

This chart simply shows last 6 months. Definitely bearish overall but last bar again is a bearish engulfing line. No long term significance but could indicate a slight retrace for next 1 – 3 days.
http://stockcharts.com/def/servlet/SC.web?c=CTKH,uu[h,a]daclyiay[df][pb200!c50!f][vc60][iut!Uc20!Ud20]&pref=G

This certainly looks good and shows the inevitable rise this stock will take.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CTKH&num1=5&cobrand=&mode=stock

Is this a free or subscription site? Looks like good info.
http://quotes.barchart.com/texsnap.asp?sym=ctkh

I do not get anything new here.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ctkh&sid=0&o_symb=ctkh

Sto = Crossover down, typically a sell signal.
http://www.investorshub.com/boards/board.asp?board_id=2157

Williams – I believe trading recommendations are based on divergences. I do not see that here. Is there another interpretation?
Bollinger Bands – I am at my early study of these. I read that significant moves usually occur after the bands tighten. Also, when prices move outside the bands implies a continuation of the current trend. I suppose the current trend is based on ones trading timeline. No question this shows intermediate and long term uptrend with usual and minor corrections.

OBV – Definitely showing where the smart money is going IMO.

I really enjoy this type of analysis and learning experience. Any more thoughts or comments?

posted January 31, 2004 09:09            

Correction on comment for Charts3, I meant overall bullish. Also thanks for the great company info on that last site.

posted January 31, 2004 15:38            

quote:
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Originally posted by offshoretrader:
I would like to suggest to the group that we all put in a GTC Limit order for CTKH at $1.00 Thanks, offshore
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quote:
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Originally posted by cyberrat67:
If we all put in a sell order, then the shares can't be "loaned" out to the people going short on CTKH

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I dont fully understand... could you please clarify?
cvtech

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MM's can actually sell uncommitted shares that they don't actually have. If you put in a GTC sell price, they can't use them forcing them to actually trade only stocks they own or other uncommitted stocks.
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posted January 31, 2004 15:57            

quote:

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Originally posted by For you, one dollar!:
Just a reminder to all the new folks joining this forum....

quote:

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posted January 31, 2004 16:07            

quote:

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Originally posted by VNGNTN1:
1966
What do they offer ?

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posted January 31, 2004 17:00            

quote:

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Originally posted by Sigma_1966:
Whats a GTC order ? I have etrade is it called something else in the sell area ?

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posted January 31, 2004 17:06            

quote:

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Originally posted by VNGNTN1:
DIANA
I was struggling that day for a good corallary to the problem. Sorry I didn't meet your expatations. Are we still friends?
Sometimes life's "REALITY" gets the point across?
VAN

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VAN,

OF COURSE FRIENDS--NO HARM NO FOUL. LETS MAKE SOME MONEY AND BE HELPFUL TO EACH OTHER.

posted January 31, 2004 17:10            

Welcome
"Welcome here, whoe'er thou art;
If friend, we greet thee, hand and heart;
If stranger, such no longer be;
If foe, our love may conquer thee,"

posted January 31, 2004 19:03            

THIS LIST IS FOR YOU GUYS. I HAVE SCRAPED AND DIGGED TO DO THIS..

ALL NANOTECHNOLOGY STOCKS