Here is an interesting post about CLCK. I think it gives a lot of info on CLCK
To: Kevin Flick (396 )
From: Jeffrey L. Henken Sunday, Jul 12 1998 9:05PM ET
Reply # of 397
I just posted this over at the Undiscovered Value + Growth thread. So if you have read it please ignore it. If not, those considering CLCK as a new investment might want to read this post carefully and make some phone calls.
No Kevin, not you! I know you already do you due diligence in spades!
You might want to put CLCK on your watch list too because in my opinion if we get any pullback it's going to be a great buy. Let me tell you why I believe that is true. CLCK is in the truly envious position of being one of those company's which can meet most investors dream requirements. On Friday the stock closed at 3 7/8's at the high for the day. On a purely TA basis it's looking very good indeed but fundamentals are improving rapidly too.
When I first started recommending this stock a while back there were questions about the company involving the amount of business coming from associated business sources. These associated businesses are now becoming part of the company. There will be very little dilution because of these transactions. How much? I am not certain, but it should be minimal. The two principal shareholders already own 85% of the company's 12.5 million shares and they are restricted from trading these shares for a number of years. In other words, they really want to make CLCK a long term winner.
Let me explain the company and it's business a little more thoroughly for you now:
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
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 just announced earnings on Friday after the market closed. They raised their earnings 65% from the first quarter of the year earning 5 cents in the second quarter despite delaying a tremendous amount of revenue to future quarters:
biz.yahoo.com
In the upcoming quarters this year I expect earnings at this small company are going to grow explosively. The company's management and I/R representatives have big plans to bring this stock to the attention of the investment world.
I know this may sound hard to believe but CLCK could even make as much as $1 per share this year. P/E ratios in this industry run pretty high so quite a bit of stock price appreciation can be expected.
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 and at the time the Millennium Health Card deal was announced Ken Klotz stated that this deal could be their biggest ever. That's a pretty big deal because they have already stated that previous deals with BestBank of Colorado were worth as much as $37 million a year in revenues:
biz.yahoo.com
The company through it's association with FISCRIP(now part of CLCK!) is the first processor certified as a Welfare, Food Stamp only EBT(electronics benefits transfer) processor:
biz.yahoo.com
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 in the region they cover:
Message 4530811
Message 4534613
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
On Friday June 5th CLCK named two independent outside directors. 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 in the first quarter and now 5 cents in the second quarter already I feel very good indeed about the future of shareholders. I expect we will see quite a few more deals like the Delaware Bank Card deal signed on July 2nd especially because of the improved relationship with PaySys:
biz.yahoo.com
Tuesday June 16th the company announced another huge deal: Columbia Capital Corp. & PaySys International(an unassociated company) Enhance Their Relationship with New Agreement.
biz.yahoo.com
Never heard of PaySys? PaySys International, Inc.'s (http://www.paysys.com) credit card management software-solutions are used by more banks, finance companies, processors and retail establishments throughout the world than any other system. PaySys employs over 400 people worldwide.
svoa.co.th
This deal is going to bring MILLIONS AND MILLIONS of dollars of new business in for Columbia Capital. It's absolutely huge! If you ave not picked up any CLCK. If the stock slips back at all then it will offer a tremendous opportunity for profit in my opinion. This company is still being largely overlooked by investors simply because it trades on the OTC BB and has a very low profile. This will change and you can get in while it's still cheap. Columbia Capital has 82 employees and is centrally located in Abilene Texas. I honestly believe this company will be moving off the OTC before the year is out and as a result it will not remain undiscovered for long.
There was even a little insider buying in May:
biz.yahoo.com
On Thursday July 2nd CLCK announced that they had agreed to acquire Berwyn Holding's Inc from their two principal shareholders. The result will be an addition of more than $2 million a year in actual earnings. Some stock will be issued for this transaction but the dilution will be kept to an absolute minimum to make sure all concerned see CLCK share price appreciation in the future:
biz.yahoo.com
Here is one other document that interested investors might want to look over, the latest 10KSB:
sec.gov.
Interested investors may want to call Ken Klotz CEO of CLCK and Mike Markow of World Wide Corporate Finance, a paid consultant to CLCK.
Here are their phone numbers. Calling Mike first might be best as he has more of a gift for gab:
Mike Markow, World Wide Corporate Finance: 818-783-0054
Ken Klotz, CEO of Columbia Capital: 915-674-3100 |
