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


To: RADAR ))) who wrote (230)11/19/1999 12:52:00 PM
From: Norm Demers  Read Replies (1) | Respond to of 300
 
Radar:

What's the date on this release and where is the hyperlink ?



To: RADAR ))) who wrote (230)11/19/1999 12:53:00 PM
From: Kip518  Read Replies (1) | Respond to of 300
 
Snyder Communications Inc.'s (SNC, news, msgs) Internet
business division doesn't have sufficient cash on hand to fund its operations through the end of 1999...


Had CIRC been IPOed, rather than spunoff as a tracking stock, this would not have been the scenario. Clearly, there would have been plenty of cash. SNC knew this was coming. Makes the whole deal a bit smelly, IMO.



To: RADAR ))) who wrote (230)11/19/1999 1:24:00 PM
From: WallStreetTips  Read Replies (1) | Respond to of 300
 
CIRC >> Lack of sufficient funding

If this is true then we may see sharp decline for time being until they find sufficient finance going forward. I tried reaching IR at Circle but no one is answering phone calls at their Main number/IR guy's desk. Anyone happen to talk to IR? Looks like news must be true otherwise volume can't be so high. Dust needs to be settled, I am staying away from CIRC for time being.

Just my views.