Columbia Capital Corporation-Computerized Banking (CLCK) Message Board

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

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To: greg Benfield who wrote (228)	6/6/1998 12:51:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 1020

Columbia Capital Corp-Description of business: Columbia Capital Corp, through it's wholly owned subsidiary, First Independent Computers, Inc., engages in the financial services industry primarily through rapidly expanding and interrelated services: 1.) Credit and Debit Card Services 2.) Banking/Financial Services/Healthcare Processing Services 3.) Document Management and Distribution Services As the world is rapidly moving toward electronic information processing, annual credit/debit card purchases in the US will soon reach the $1 trillion mark. The combination of this type of growth and the continuing trend towards outsourcing data processing functions, directly benefits First Independent now and will remain a source of increased business in the future. CLCK has just begun to make it's move into previously non-associated business, like health care service organizations, utility providers, travel and tourism organizations and even internet merchandising companies. The opportunity for growth here is unprecedented: biz.yahoo.com The company through it's association with FISCRIP is the first processor certified as a Welfare, Food Stamp only EBT processor. First independent will play a major role in supporting FISCRIP's ATM, Debit and EBT major growth in the next year. By the year 2000 even social security recipients will receive there monthly checks in the form of an EBT debit card. CLCK shareholders will benefit from every transaction at every location as it is processed: sec.gov The importance of Columbia Capital's Y2K compliance has already been affirmed by the signing of two large contracts recently. CLCK has licensed Kirchman Dimension Systems Software which is now the core banking software of choice for more than 650 financial institutions worldwide. The use of this software and IBM mainframe computers gives CLCK the processing power to take on many times the amount of business they have already booked with very little rise in overhead: biz.yahoo.com I'm hoping we get a better feel for where the company is headed soon. Virtually all the information discussed in this post comes from the investor packet that I received this week. It seems that the company feels they have some very real business opportunities outside their traditional business areas. Last Friday two independent outside director were announced. While we can't be certain I expect we will see further additions to the board in the future: biz.yahoo.com We already have enough information to know that CLCK will be seeing a real rise in earnings next quarter. Having earned 3 cents last quarter already I feel very good indeed about our future as shareholders: biz.yahoo.com Regards, Jeff

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