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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: hotlinktuna who wrote (109866)	11/16/1999 4:51:00 PM
From: DebtBomb	Read Replies (1) \| Respond to of 119973

What is wrong with this picture? CIRC does what SCNT, VIAN, and RAZF do. These tracking stocks are hot because they will become quickly profitable. CIRC had awesome earnings report. Based on revenues, growth, eps, etc., and what SCNT, VIAN, and RAZF trade for, CIRC should trade for about $45 right now. CIRC is coming out of quiet period, coverage is coming. Somebody help me out here, please. See article below. SCNT VIAN RAZF CIRC qtr. rev. 31m 19m 19m 10m shares out 35m 21m 24m 20m share price $121 $90 $72 $17 Trader's Edge: Circle.com Profits do matter after all... Over the past six months, investors have proven that they have not completely lost their way, swapping out capital-burning e-commerce stocks for names that have reached, or are on the track to, profitability. So, while bleeders such as Amazon.com (AMZN) have been in the doghouse with investors for the better part of the year, Internet infrastructure companies have captured the market's imagination. Many of these companies have reported profitability within months of coming public. But with valuations becoming stretched beyond belief, investors have begun to search for the next potential earnings geyser. One of the groups they've uncovered is Internet Professional Services. Trading Points Bolstered by attractive valuations, small floats and earnings momentum, Internet Professional Services stocks have been on a rampage. Leading the advance have been Scient (SCNT), Viant (VIAN) and Razorfish Inc. (RAZF), all of which posted sizeable upside earnings surprises for the recently reported third quarter. For example, VIAN came in at $0.06 a share, when a loss of $0.06 a share had been expected. These three stocks have advanced 105%, 140% and 90% over the past month. Outsourced marketing solutions company Snyder Communications Inc. (SNC) couldn't have picked a better time to issue a separate stock to track the performance of its Circle.com unit. Enthusiasm for all-things-Internet-consulting have carried the stock as much as 58% higher since it began trading late last month. Under terms of the recapitalization plan, Snyder Communications shareholders received 0.25 Circle.com shares for each SNC share owned. Except for cash received in lieu of fractional shares, the deal was a tax-free transaction. Had Circle.com come to market through an initial public offering, the company's October 26 earnings report would have attracted a great deal more attention. But company's lack of visibility this quarter may prove to be a godsend for investors who prefer to enter a stock before the momentum crowd has run it to the heavens. For the quarter, Circle.com logged revenues of $10.2 mln, up 146% from the prior year period. On a bottom-line basis, the company reported a loss of $0.11 a share, reversing a year-ago profit of $0.01. Circle.com attributed the red ink to investments in infrastructure. During the qtr, the company added United Healthcare, Teligent and PNC Bank to a customer list that already includes E*TRADE, IBM, Bell Atlantic, Wall Street Journal.com and UPS. CIRC has traded between $9 and $15 3/4 since hitting the market. Average daily volume has been just under 300,000 shares. As price action today illustrates, stock has experienced the volatility usually expected of a new issue. After opening at $12 9/16, the stock rallied almost 20% to $14 15/16 by mid-day. CIRC finished the session with a gain of less than 1%, on volume of 496,000 shares. Would expect next major spike in the stock to come on initiation of coverage by Wall Street analysts. Given towering gains experienced by other stocks in this group over the past several months, would expect analysts to be rather aggressive with their price targets.