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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: Tensane 1 who wrote (85)5/24/1998 5:22:00 AM
From: R. Bond  Read Replies (1) of 1020
 
Kevin,

Yes, CLCK seems to me like it could be a good Y2K defensive stock. That is, if one believes the general market will tank over Y2K concerns at some point. Depending on the severity of such a market dive, CLCK may decouple from the overall market. At least during the initial stages.

In the current issue of Dr. Ed Yardeni's Y2K Reporter, he mentions the possibility of firms forming a "Y2K fortress" among themselves when they are known to be compliant. I should think this will certainly be true in the financial world and CLCK will obviously be on the inside. The world's major airlines are on the brink of actually naming names on no-fly zones for Y2K questionable areas around the globe. The banking world is far more concerned about being 'corrupted' by non-compliant data. In the end, they will be forced to do a lock-out. This scenario, although probably not admitted publicly, will insure a market selloff.

The already bright prospects for CLCK seem to be highly leveraged by the Y2K problem.

Good luck,
Bond
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