To: Jim Bishop who wrote (22637 ) 1/27/2000 10:55:00 AM From: scouser Read Replies (1) | Respond to of 150070
SITK, $30 reco! WESTON, Florida, Jan 27, 2000 (BUSINESS WIRE) -- TheSubway.com Announces Investment Opinion on Sitek Inc. (OTCBB: SITK) with an increase in its short term price from $20.00 to 30.00. Sitek Inc. (OTCBB: SITK), a provider of engineering and manufacturing solutions to the semiconductor industry, Wednesday announced CMP Solutions Inc., a wholly owned subsidiary of SITEK Inc., has been awarded a long term contract to provide chemical mechanical planarization (CMP) foundry services for a leading supplier of components for the telecommunications industry. We are expecting more details to be released soon. SITK also announced revenues of $6.593 million for the first fiscal quarter alone vs. $157,000 for the same quarter last year. With this new contract in hand, CRG is expecting to see huge additions to the revenues as well as the bottom line earnings for SITK. CRG feels the stock is a great buy trading around the $14.50-15.00 range. We are now increasing out short term target to $30.00 per share. We feel that a forward split and a Nasdaq listing is definitely within reach for SITK. SITK is a provider of engineering and manufacturing solutions to the semiconductor industry. SITK has leveraged their technology leadership to deliver an entirely new wafer carrier that meets the most stringent wafer processing requirements at increased material removal rates. The Corona Head will extend the life of existing 372 and 472 systems in use around the world and gives the industry a cost-effective solution to their CMP needs without their having to make major capital investments or installations. Other stocks to watch, Yesterdays OTCBB volume leaders... Fisher Co. Inc. (OTCBB: FSCI), Sideware Systems Inc. (OTCBB: SDWSF), Cybertel Communications (OTCBB: CYTP), Upgrade International (OTCBB: UPGD), TCI Satellite (OTCBB: TSATA), E-Net Corp (OTCBB: ENET), DSL.net (OTCBB: DSLN), VoxCom Holdings (OTCBB: MXIP), Socket Communications (OTCBB: SCKT), Rhombic Corp. (OTCBB: NUKE), Cherokee Minerals and Oils (OTCBB: HYII), High Speed Net Solutions (OTCBB: HSNS), Cambex Corp. (OTCBB: CBEX), Planetrx.com (OTCBB: PLRX), Mphase Tech (OTCBB: XDSL), Micro-Media Sol (OTCBB: MSIA), The Hartcourt Companies (OTCBB: HRCT), Vasco Data (OTCBB: VDSI), American Telecommunication Standards, (OTCBB: ASAT), Invest America (OTCBB: INVT) About TheSubway.com TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known. About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG) introduces fundamentally sound, undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at thesubway.com .