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

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To: Jeffrey L. Henken who wrote (341)7/2/1998 6:04:00 PM
From: joe joe  Read Replies (2) of 1020
 
Columbia Capital continues to add to their bottom line with the addition of Berwyn Holdings which for the first five months had..."net income, after tax, on an un-audited basis, of $1,055,525." Jeff, based on the current outstanding shares this is an addition of about 16 cents a share alone. If you take into account present EPS along with conservative estimates of their potential in others areas such as Electronic Benefits Transfer, would you agree this company could be earning around 70 to 80 cents or more by the end of this year?
I hear that companies in their industry sell for about 30 to 40 EPS.
What a bargin for under $3. I ask why is this so cheap? The only answer I have is no matter how substantial the fundamentals are, price is still a function of supply and demand. Very few of us know about this company today. As word gets out watch the price.
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