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: Dave Dalry who wrote (493)	8/1/1998 9:07:00 AM
From: greg Benfield	Read Replies (1) of 1020

Has anyone read Westergaard's two articles about CLCK. I think I found two interesting tidbits. I am not talking about the # million dollar mail sorter...(that seems a little pricey) I am talking about the two numbers....one is 800,000 credit/debit accounts now being processed and the second is the potential of 600,000 check cashing store accounts. In a Redhot newsletter dated sometime in October where they reference the companies two press releases about the $37 million in deals with Best Bank....it states that accounts bring in $2-3 per account per month. My calculations have them running at about $5.75 per quarter. If we uses these numbers and figure out that we are doing about $4.6 million per quarter right now with another $3.5 million on the way...not counting the health care.

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