SNYDER COMMUNICATIONS INC
SC 13D/A, 2000-10-24
BUSINESS SERVICES, NEC
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                 (Rule 13d-101)

                  INFORMATION TO BE INCLUDED IN STATEMENT FILED
                PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
                         FILED PURSUANT TO RULE 13d-2(a)

                               (Amendment No. 2)*

                           SNYDER COMMUNICATIONS, INC.
-------------------------------------------------------------------------------
                                (Name of Issuer)

               Circle.Com Common Stock, Par Value $0.001 Per Share
-------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   832914 20 4
-------------------------------------------------------------------------------
                                 (CUSIP NUMBER)

                   Robert T. Needham, K Capital Partners, LLC
                                  75 Park Plaza
                           Boston, Massachusetts 02116
-------------------------------------------------------------------------------
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                October 24, 2000
-------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|.

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities and Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act. (However, see the
Notes.)


                                  Page 1 of 15
<PAGE>


CUSIP No. 832914204                   13D                 Page  2  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
  -------- ----------------------------------------------------------------------------------------------------
     1     NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           K Capital Partners, LLC
  -------- ----------------------------------------------------------------------------------------------------
     2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                      (a)   |_|
                                                                                                      (b)   |_|
  -------- ----------------------------------------------------------------------------------------------------
     3     SEC USE ONLY


  -------- ----------------------------------------------------------------------------------------------------
     4     SOURCE OF FUNDS*

           AF
  -------- ----------------------------------------------------------------------------------------------------
     5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_|


  -------- ----------------------------------------------------------------------------------------------------
     6     CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
  -------- ----------------------------------------------------------------------------------------------------
                                   7          SOLE VOTING POWER
     NUMBER OF SHARES                         1,988,243
   BENEFICIALLY OWNED BY
   EACH REPORTING PERSON
           WITH            ------------------ -----------------------------------------------------------------
                                   8          SHARED VOTING POWER
                                              0
                           ------------------ -----------------------------------------------------------------
                                   9          SOLE DISPOSITIVE POWER
                                              1,988,243
                           ------------------ -----------------------------------------------------------------
                                  10          SHARED DISPOSITIVE POWER
                                              0
  ------------------------ ------------------ -----------------------------------------------------------------
    11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          1,988,243
  ------- -----------------------------------------------------------------------------------------------------
    12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
  ------- -----------------------------------------------------------------------------------------------------
    13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          8.742%
  ------- -----------------------------------------------------------------------------------------------------
    14    TYPE OF REPORTING PERSON*

          00
  ------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  3  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- ----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           K Capital I, L.P.
---------- ----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                        (a) |_|
                                                                                                        (b) |_|
---------- ----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- ----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           WC
---------- ----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)  |_|


---------- ----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
---------- ----------------------------------------------------------------------------------------------------
                                   7          SOLE VOTING POWER
    NUMBER OF SHARES                          45,482
  BENEFICIALLY OWNED BY
  EACH REPORTING PERSON
          WITH             ------------------ -----------------------------------------------------------------
                                   8          SHARED VOTING POWER
                                              0
                           ------------------ -----------------------------------------------------------------
                                   9          SOLE DISPOSITIVE POWER
                                              45,482
                           ------------------ -----------------------------------------------------------------
                                  10          SHARED DISPOSITIVE POWER
                                              0
--------- -----------------------------------------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          45,482
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          0.200%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*

          PN
--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  4  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- ----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           K Capital II, L.P.
---------- ----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                       (a) |_|
                                                                                                       (b) |_|
---------- ----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- ----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           WC
---------- ----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_|


---------- ----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
---------- ----------------------------------------------------------------------------------------------------
                                   7          SOLE VOTING POWER
    NUMBER OF SHARES                          899,656
  BENEFICIALLY OWNED BY
  EACH REPORTING PERSON
          WITH             ------------------ -----------------------------------------------------------------
                                   8          SHARED VOTING POWER
                                              0
                           ------------------ -----------------------------------------------------------------
                                   9          SOLE DISPOSITIVE POWER
                                              899,656
                           ------------------ -----------------------------------------------------------------
                                  10          SHARED DISPOSITIVE POWER
                                              0
-------------------------- ------------------ -----------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          899,656
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          3.956%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*
          PN
--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  5  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- ----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           K Capital Offshore Master Fund (U.S. Dollar), L.P.
---------- ----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                       (a) |_|
                                                                                                       (b) |_|
---------- ----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- ----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           WC
---------- ----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)  |_|


---------- ----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           Cayman Islands
---------- ----------------------------------------------------------------------------------------------------
                                  7         SOLE VOTING POWER
    NUMBER OF SHARES                        731,068
  BENEFICIALLY OWNED BY
  EACH REPORTING PERSON
          WITH             ---------------- -------------------------------------------------------------------
                                  8         SHARED VOTING POWER
                                            0
                           ---------------- -------------------------------------------------------------------
                                  9         SOLE DISPOSITIVE POWER
                                            731,068
                           ---------------- -------------------------------------------------------------------
                                 10         SHARED DISPOSITIVE POWER
                                            0
-------------------------- ---------------- -------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          731,068
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          3.214%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*
          PN
--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  6  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- -----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Harwich Capital Partners, LLC
---------- -----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                       (a)  |_|
                                                                                                       (b)  |_|
---------- -----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- -----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           AF
---------- -----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_|


---------- -----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
---------- -----------------------------------------------------------------------------------------------------
    NUMBER OF SHARES              7          SOLE VOTING POWER
  BENEFICIALLY OWNED BY                      1,988,243
  EACH REPORTING PERSON
          WITH             ----------------- ------------------------------------------------------------------
                                  8          SHARED VOTING POWER
                                             0
                           ----------------- ------------------------------------------------------------------
                                  9          SOLE DISPOSITIVE POWER
                                             1,988,243
                           ----------------- ------------------------------------------------------------------
                                  19         SHARED DISPOSITIVE POWER
                                             0
--------- -----------------------------------------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          1,988,243
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          8.742%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*

          00
--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  7  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- ----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Thomas Knott
---------- ----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                       (a) |_|
                                                                                                       (b) |_|
---------- ----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- ----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           AF
---------- ----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_|


---------- ----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           U.S. Citizen
---------- ----------------------------------------------------------------------------------------------------
                                   7          SOLE VOTING POWER
    NUMBER OF SHARES                          1,988,243
  BENEFICIALLY OWNED BY
  EACH REPORTING PERSON
          WITH             ------------------ -----------------------------------------------------------------
                                   8          SHARED VOTING POWER
                                              0
                           ------------------ -----------------------------------------------------------------
                                   9          SOLE DISPOSITIVE POWER
                                              1,988,243
                           ------------------ -----------------------------------------------------------------
                                  10          SHARED DISPOSITIVE POWER
                                              0
-------------------------- ------------------ -----------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          1,988,243
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          8.742%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*
          IN

--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  8  of  15 Pages
          ---------                                            ---    ---

<TABLE>
<CAPTION>
<S><C>
---------- ----------------------------------------------------------------------------------------------------
    1      NAME OF REPORTING PERSON
           S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Abner Kurtin
---------- ----------------------------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                                                       (a) |_|
                                                                                                       (b) |_|
---------- ----------------------------------------------------------------------------------------------------
    3      SEC USE ONLY


---------- ----------------------------------------------------------------------------------------------------
    4      SOURCE OF FUNDS*

           AF
---------- ----------------------------------------------------------------------------------------------------
    5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_|


---------- ----------------------------------------------------------------------------------------------------
    6      CITIZENSHIP OR PLACE OF ORGANIZATION

           U.S. Citizen
---------- ----------------------------------------------------------------------------------------------------

                                   7          SOLE VOTING POWER
    NUMBER OF SHARES                          1,988,243
  BENEFICIALLY OWNED BY
  EACH REPORTING PERSON
          WITH             ------------------ -----------------------------------------------------------------
                                   8          SHARED VOTING POWER
                                              0
                           ------------------ -----------------------------------------------------------------
                                   9          SOLE DISPOSITIVE POWER
                                              1,988,243
                           ------------------ -----------------------------------------------------------------
                                  10          SHARED DISPOSITIVE POWER
                                              0
--------- -----------------------------------------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          1,988,243
--------- -----------------------------------------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
--------- -----------------------------------------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

          8.742%
--------- -----------------------------------------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON*

          IN
--------- -----------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  9  of  15 Pages
          ---------                                            ---    ---


ITEM 1.  SECURITY AND ISSUER

         This Report on Schedule 13D relates to shares of Circle.Com common
stock, par value $.001 per share (the "Circle.Com Common Stock"), of Snyder
Communications, Inc. (the "Company"), whose principal executive offices are
located at Two Democracy Center, 6903 Rockledge Drive, 15th Floor, Bethesda, MD
20817.

ITEM 2.  IDENTITY AND BACKGROUND

         This Report is filed by K Capital I, L.P., K Capital II, L.P., K
Capital Offshore Master Fund (U.S. Dollar), L.P. (collectively the
"Partnership"), K Capital Partners, LLC, Harwich Capital Partners, LLC, Thomas
Knott, and Abner Kurtin.

         K Capital I, L.P. and K Capital II, L.P. are each Delaware limited
partnerships having their principal place of business and executive offices at
c/o K Capital Partners, LLC, 75 Park Plaza, Boston, MA 02116; K Capital Offshore
Master Fund (U.S. Dollar), L.P. is a limited partnership organized in the Cayman
Islands with a registered address at the offices of Walkers Attorneys at Law,
Walker House, P.O. Box 265, Georgetown, Grand Cayman, Cayman Islands; K Capital
Partners, LLC is a Delaware limited liability company and the sole General
Partner of the Partnership (the "General Partner") having its principal place of
business and executive offices at 75 Park Plaza, Boston, MA 02116; Harwich
Capital Partners, LLC is a Delaware limited liability company and the Managing
Member of the General Partner having its principal place of business at 75 Park
Plaza, Boston, Massachusetts 02116; and Thomas Knott and Abner Kurtin are each
the Managing Members of Harwich Capital Partners, LLC, having its principal
business address c/o K Capital Partners, LLC, 75 Park Plaza, Boston,
Massachusetts 02116 (collectively, the "Reporting Persons"). The principal
business of each Reporting Person is to administer, promote, manage and advise
private investment pools and any business related thereto or useful in
connection therewith. K Capital Partners, LLC is the sole general partner of the
Partnership.

         During the past five years or since their inception, the Reporting
Persons have not been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), and have not been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and
are not, as a result of any such proceeding, subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.

         Mr. Knott and Mr. Kurtin are United States citizens.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

         The source of funds for the transactions described in Item 5(c) were
assets of the Partnership and certain other managed accounts.

ITEM 4.  PURPOSE OF TRANSACTION

         The Partnership and certain other managed accounts acquired the
Circle.Com Common


<PAGE>


CUSIP No. 832914204                   13D                 Page  10 of  15 Pages
          ---------                                            ---    ---


Stock described in Item 5(c) for investment purposes. None of the Reporting
Persons have any current plans or proposals which relate to or would result in:

     a.   The acquisition by any person of additional securities of the issuer,
          or the disposition of securities of the issuer;

     b.   An extraordinary corporate transaction, such as a merger,
          reorganization or liquidation, involving the issuer or any of its
          subsidiaries;

     c.   A sale or transfer of a material amount of assets of the issuer or any
          of its subsidiaries;

     d.   Any change in the present board of directors or management of the
          issuer, including any plans or proposals to change the number or term
          of directors or to fill any existing vacancies on the board;

     e.   Any material change in the present capitalization or dividend policy
          of the issuer;

     f.   Any other material change in the issuer's business or corporate
          structure including but not limited to, if the issuer is a registered
          closed-end investment company, any plans or proposals to make any
          change in its investment policy for which a vote is required by
          Section 13 of the Investment Company Act of 1940;

     g.   Changes in the issuer's charter, bylaws or instruments corresponding
          thereto or other actions which may impede the acquisition of control
          of the issuer by any person;

     h.   Causing a class of securities of the issuer to be delisted from a
          national securities exchange or to cease to be authorized to be quoted
          in an inter-dealer quotation system of a registered national
          securities association;

     i.   A class of equity securities of the issuer becoming eligible for
          termination of registration pursuant to Section 1(g)(4) of the
          Securities Exchange Act of 1934; or

     j.   Any action similar to any of those enumerated above.

          The Reporting Persons believe that the market price of the
          Company's Circle.Com Common Stock does not fully reflect the
          potential value of such shares. The Reporting Persons
          currently have no specific plans or proposals. There can be no
          assurance that any specific plans or proposals will be
          identified or proposed and if identified or proposed, will be
          successful in realizing such potential value.


<PAGE>


CUSIP No. 832914204                   13D                 Page  11 of  15 Pages
          ---------                                            ---    ---


ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

     a.   As of October 24, 2000, the Reporting Persons may be deemed to
          beneficially own 1,988,243 shares of Circle.Com Common Stock of the
          Company. Based upon there being 22,742,878 shares of Circle.Com Common
          Stock outstanding, the shares of Circle.Com Common Stock which the
          Reporting Persons may be deemed to beneficially own represent
          approximately 8.742% of the outstanding shares of Circle.Com Common
          Stock of the Company.

     b.   In accordance with the Agreement of Limited Partnership, the General
          Partner has the sole power to vote and the sole power to dispose of
          the shares of Circle.Com Common Stock of the Company held by the
          Partnership.

     c.   The Reporting Persons have made the following purchases of shares of
          Circle.Com Common Stock:

<TABLE>
<CAPTION>
             ---------------------------------------------------------------------------------
                                            K Capital I, L.P.
             --------------------- ------------------ ------------------ ---------------------
               Transaction Date       # of Shares      Price Per Share    Aggregate Purchase
                                                                                Price
             --------------------- ------------------ ------------------ ---------------------
             <S>                   <C>                <C>                <C>
                   10/13/00               543            $  1.18            $     639.17
             --------------------- ------------------ ------------------ ---------------------
                   10/16/00               362            $  1.22            $     441.21
             --------------------- ------------------ ------------------ ---------------------
                   10/17/00               91             $  1.13            $     102.38
             --------------------- ------------------ ------------------ ---------------------
                   10/18/00               724            $  1.15            $     831.44
             --------------------- ------------------ ------------------ ---------------------
                   10/19/00              3,463           $  1.09            $   3,787.83
             --------------------- ------------------ ------------------ ---------------------

             ---------------------------------------------------------------------------------
                                            K Capital II, L.P.
             --------------------- ------------------ ------------------ ---------------------
               Transaction Date       # of Shares      Price Per Share    Aggregate Purchase
                                                                                Price
             --------------------- ------------------ ------------------ ---------------------
                   10/13/00             12,912           $  1.18           $    15,198.72
             --------------------- ------------------ ------------------ ---------------------
                   10/16/00              8,608           $  1.22           $    10,491.43
             --------------------- ------------------ ------------------ ---------------------
                   10/17/00              2,151           $  1.13           $     2,419.88
             --------------------- ------------------ ------------------ ---------------------
                   10/18/00             17,216           $  1.15           $    19,770.85
             --------------------- ------------------ ------------------ ---------------------
                   10/19/00             82,354           $  1.09           $    90,078.81
             --------------------- ------------------ ------------------ ---------------------
</TABLE>


<PAGE>


CUSIP No. 832914204                   13D                 Page  12 of  15 Pages
          ---------                                            ---    ---


<TABLE>
<CAPTION>
                          ---------------------------------------------------------------------------------
                                         K Capital Offshore Master Fund (U.S. Dollar), L.P.
                          --------------------- ------------------ ------------------ ---------------------
                            Transaction Date       # of Shares      Price Per Share    Aggregate Purchase
                                                                                             Price
                          --------------------- ------------------ ------------------ ---------------------
                          <S>                   <C>                <C>                 <C>
                                10/13/00             12,054          $   1.18           $    14,188.76
                          --------------------- ------------------ ------------------ ---------------------
                                10/16/00              8,036          $   1.22           $     9,794.28
                          --------------------- ------------------ ------------------ ---------------------
                                10/17/00              2,009          $   1.13           $     2,260.13
                          --------------------- ------------------ ------------------ ---------------------
                                10/1800              16,072          $   1.15           $    18,457.08
                          --------------------- ------------------ ------------------ ---------------------
                                10/19/00             76,882          $   1.09           $    84,093.53
                          --------------------- ------------------ ------------------ ---------------------
</TABLE>

         In addition, other accounts under the management of the General Partner
have made the following purchases of shares of Circle.Com Common Stock:

<TABLE>
<CAPTION>
                          ---------------------------------------------------------------------------------
                                                           Other Accounts
                          --------------------- ------------------ ------------------ ---------------------
                            Transaction Date       # of Shares      Price Per Share    Aggregate Purchase
                                                                                             Price
                          --------------------- ------------------ ------------------ ---------------------
                          <S>                   <C>                 <C>               <C>
                                10/13/00              4,491          $   1.18           $     5,286.36
                          --------------------- ------------------ ------------------ ---------------------
                                10/16/00              2,994          $   1.22           $     3,649.09
                          --------------------- ------------------ ------------------ ---------------------
                                10/17/00               749           $   1.13           $       842.63
                          --------------------- ------------------ ------------------ ---------------------
                                10/18/00              5,988          $   1.15           $     6,876.62
                          --------------------- ------------------ ------------------ ---------------------
                                10/19/00             28,644          $   1.09           $    31,330.81
                          --------------------- ------------------ ------------------ ---------------------
</TABLE>

          All transactions were made in the open market on NASDAQ.

     d.   Each Partnership is a limited partnership. Each member of the
          Partnership is entitled to receive certain distributions from the
          Partnership's assets as specified in the Partnership's governing
          documents.

     e.   Not Applicable.

         The filing of this statement shall not be construed as an admission
that any of the Reporting Persons are, for the purposes of Sections 13(d) or
13(g) of the Securities Exchange Act of 1934, the beneficial owners of any
securities covered by this statement.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER

         There are no contracts, arrangements, understandings or relationships
(legal or otherwise) between or among any of the Reporting Persons and any other
person with respect to any securities of the Company other than the governing
documents of the Partnership.


<PAGE>


CUSIP No. 832914204                   13D                 Page  13 of  15 Pages
          ---------                                            ---    ---


ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS

         Exhibit 1 - Agreement regarding filing of joint Schedule 13D
(previously filed).


<PAGE>


CUSIP No. 832914204                   13D                 Page  14 of  15 Pages
          ---------                                            ---    ---


         SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, each of the undersigned hereby certifies that the information
set forth in this statement is true, complete and correct.

         EXECUTED as a sealed instrument this 24th day of October, 2000.

              K Capital I, L.P.

              By:       /s/ Robert T. Needham
                       --------------------------------------------------------
                       K Capital Partners, LLC, General Partner by:
                       Harwich Capital Partners LLC, its Managing Member,
                       by Robert T. Needham, its Chief Administrative
                       Officer

              K Capital II, L.P.

              By:       /s/ Robert T. Needham
                       --------------------------------------------------------
                       K Capital Partners, LLC, General Partner by:
                       Harwich Capital Partners LLC, its Managing Member,
                       by Robert T. Needham, its Chief Administrative
                       Officer

              K Capital Offshore Master Fund (U.S. Dollar), L.P.

              By:       /s/ Robert T. Needham
                       --------------------------------------------------------
                       K Capital Partners, LLC, General Partner by:
                       Harwich Capital Partners LLC, its Managing Member,
                       by Robert T. Needham, its Chief Administrative
                       Officer

              K Capital Partners, LLC

              By:       /s/ Robert T. Needham
                       --------------------------------------------------------
                       Harwich Capital Partners, LLC
                       by Robert T. Needham, its Chief Administrative
                       Officer

              Harwich Capital Partners, LLC

              By:       /s/ Robert T. Needham
                       --------------------------------------------------------
                       Robert T. Needham, its Chief Administrative Officer


<PAGE>


CUSIP No. 832914204                   13D                 Page  15 of  15 Pages
          ---------                                            ---    ---


                        /s/ Thomas Knott
                       ----------------------------------------------
                        Thomas Knott

                       /s/ Abner Kurtin
                       ----------------------------------------------
                       Abner Kurtin




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