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Technology Stocks : CIRC

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To: RADAR ))) who wrote (104)11/16/1999 12:26:00 PM
From: RADAR )))  Read Replies (1) of 300
 
CIRC BUY RECOMMENDATION:

I am an active day trader, and have been one for quite a few years. I learned from my mistakes and know how to spot a short term opportunity as well as a long term opportunity. I am not looking at CIRC as a day trade or a short term investment.

The current price of Circle.com is way over sold and undervalued to its true potential. We are only days or weeks away from significant news releases and analyst coverage about CIRC. I expect to see the price surge from its current levels before the end of this year given the expectations for news releases and coverage to come.

CIRC has triple digit growth right now in a hot sector. The value of the business is not reflected in the current stock price. What is reflected in the current price is the "attitude" of current investors in SNC who have sold their spin off shares in CIRC to offset their losses from SNC. We all know that SNC is the fastest growth vehicle that SNC has, thus the spin off.

At todays prices, CIRC is going to go up. I believe we are at or close to a bottom. As soon as the public finds out more about Circle.com the share price and the volume will increase dramatically and shoot part the old highs of around 20. Conservatively, and this is my gut estimations only, the stock value should be in the 25 to 30 range at fair value. When the momentum traders get ahold of the news and their volume enters into the arena, you could see the stock price quickly surpass the fair market price estimation above.

I'm in and buying more shares at this level.

RADAR

RADAR
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