[lugbe] The Contrarian - BUY ALERT.

[stocks34 at post.com]

THE CONTRARIAN           
                                                        
BUY ALERT: 

RecycleNet Corp.
Symbol - GARM (OTCBB-pink sheets)      
Recent Price - $.35
52 Week Range - $.12 - .75
Estimated Float - 4 Million
Shares Outstanding - 78 Million
   
Now that Microsoft and other Internet stocks have fallen, it's time to 
sift through the wreckage and look for treasure. As Contrarian investors, 
we've been waiting for this dynamic group to fall out of favor temporarily, 
so we can buy at discounted prices.

The following stock should be purchased for long-term capital gains:
RecycleNet Corporation is hardly a new player in the dot.com game - 
they went electronic in May 1995, after many years in a print format.  
Their founder and current Chairman, Paul Roszel, has been in the 
recycling business for over 20 years, and has vast experience with 
every type of scrap commodity. 

Recyclenet is part of the booming "B2B" business to business portion 
of the Internet. It is estimated that B2B electronic commerce will soar 
from $17 Billion in sales in 1998 to $327 Billion by 2002. Electronic 
commerce gives GARM the ability to trade with other companies all over 
the world, at very low cost. They earn money from subscribers who pay 
a monthly fee to join their Recycler's Exchange.   

What is the reason to buy now? RecycleNet should be reporting excellent 
revenues and earnings in the next quarter, the floating supply of shares is 
small, and the financial community is just starting to discover GARM. They 
have filed their Form 10 to become a reporting company with the SEC, and 
they should be emerging from their pink sheet listing soon.
   
Meanwhile, traffic at their web site is hitting record numbers (almost 2 Million 
page views per month), and is growing at over 20% monthly. With the stock 
trading at half of its February peak, The Contrarian believes that GARM can 
reach the $1.50 level near-term, with even higher prices further out. Take a 
position now while RecycleNet is on the bargain shelf. 

Disclaimer: The Contrarian has no affiliation with the issuer, and has received 
no fee from RecycleNet for this report. The Contrarian and/or its affiliates currently 
own shares of RecycleNet, and may buy or sell shares at any time after the 
dissemination of this report.  Because the publisher owns this stock, there may 
be a conflict of interest in the Contrarian's statements and opinions. The Contrarian 
is not a registered investment advisor, broker or dealer. Purchase of this stock 
may be considered speculative, and may result in the loss of some or all of any 
investment made. 

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THE CONTRARIAN           
                                                        
BUY ALERT: