J.M. Dutton & Associates Announces Investment Opinion: Circle Group Neutral Rating Issued in Update Report by Dutton & Associates.Business EditorsNOTE TO EDITORS: The following is an investment opinion issued by J.M. Dutton & Associates EL DORADO El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. HILLS, Calif.--(BUSINESS WIRE)--Oct. 7, 2003 J.M. Dutton & Associates continues its coverage of Circle Group Internet (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CRGQ) with a Neutral rating. The 7-page report by J.M. Dutton senior analyst Richard W. West Richard W. West was the mayor of Newport News, Virginia from 1932 to 1936. Preceded by Harry Reyner Mayor of Newport News 1932–1936 Succeeded by B. G. James , CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. is available at www.jmdutton.com as well as from Bloomberg, Zacks, First Call, Multex, and other leading financial portals Financial Portal A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions. . Circle Group is a company in transition. Its new business model emphasizes the development and marketing of its Z-Trim product. Recent inquiries from over 100 companies and the possibility of strategic alliances with McDonald's and Proctor A person appointed to manage the affairs of another or to represent another in a judgment. In English Law, the name formerly given to practitioners in ecclesiastical and admiralty & Gamble are encouraging. However, Circle Group must aggressively address its financial position, specifically its low cash balances and low working capital. We recognize the $400,000 investment that was made on June 30, 2003, and this infusion of capital is a positive event toward solving the Company's capital and low working capital situation. We recognize there may be significant long-term potential in the Company's products of Z-Trim, Mini-Raman Lidar (LIght Detection And Ranging) A method of measuring atmospheric conditions including temperature and wind. Lidar works by transmitting laser signals using all light ranges (ultraviolet, visible, infrared) and amplifying the light that is scattered back through tool, and an anthrax/bacterial spore collection and elimination device based on ThraxVac Technology, but we cannot ignore the need for funds for the development of these products. About Dutton & Associates Dutton & Associates is one of the largest independent investment research firms in the U.S. Its 17 senior analysts, primarily CFAs, have expertise in many industries. Dutton & Associates provides economically bias-free, continuing analyst coverage of enrolled companies, and its institutional-quality research, estimates and recommendations are carried in all the major databases serving institutions and online investors. The cost of enrollment in our one-year continuing research program is US$28,000 prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. before commencement of our research activities. We received $25,000 from the Company for coverage for the year, and do not accept payment of our fees in company stock. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.
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