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Technology Stocks : CIRC -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (103)11/16/1999 11:47:00 AM
From: RADAR )))  Respond to of 300
 
TO ALL:

I have just added more shares of CIRC to my long term portfolio. This is not a momentum trade. The next few posts will explain why I am now adding shares.

The stock price has fallen precipitously from its recent highs of over 19 (just under 20) to todays range of 14 5/8. The fall was due to a lack of news, discomfort of current investors in the parent company SNC, and some suspicious (sloppy) trading activities of the Market Makers over the last two weeks. This fall is too far too fast, and the stock price is way too low for the potential of CIRC.

Remember that CIRC is in the B2B sector which is one of the hottest sectors on the market today. Fellow competitors stock prices are much, much higher than the current price of CIRC given the companies triple digit revenue growth quarter to quarter. The client list is a whos who list of top names in the industry. I don't need to tell you this, since I have spent considerable effort over the last two weeks to post this information on this board.

Given the above, let me lead you through some of the reasons/reasearch that have led me to my current buy recommendation at these prices. See my next few posts to follow along.

RADAR

RADAR