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: Hoatzin who wrote (469)	7/27/1998 8:27:00 AM
From: greg Benfield	Read Replies (1) of 1020

Talk about going from highs to lows. Less than a week ago...I thought this stock was going to hit six then seven then eight...you get the idea. Now I have spent half the night feeding my baby the other half...trying to decide what I should do. I have scoured the internet and determined a couple things. This guy Westergaard is in fact paid for his recommendations...and allegedly he "sweeps" the net clean of naysayers. Why would that be necessary? Best Bank closed...how long have people known it was going to close. How long has anyone known? Why did it take half a day for anyone to post the Bestbank closing on this thread...but obviously selling started on thursday. Best Bank was its biggest deal. Millenium could be big but on the same token...no numbers are out and it has not even ramped up yet. This company is merging with two others...how are they affected by the Best Bank dillemma. Also, at what price will we now merge with them. Short term stability and price of the stock will be greatly affected by these questions. It is not impossible that this stock will fall back to its pre-earnings prices since the revenue that made those earnings could dissappear. IMHO I predict huge..and I mean huge swings as people swarm to leave and as other people try to average down. I would not be surprised if we see this stock bouncing from $4.00 to $2.50 in one day and back again. Once the Best Bank situation is more stable then the price should stabilize. Where? It all depends. I think it will not be as rosy as before. I have advised the people I referred this stock to ...and all of them except one expressed definite reservations, as I do. Good Luck all... Greg

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