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: Tensane 1 who wrote (751)	10/26/1998 1:57:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 1020

Columbia Capital Corp. and American Banknote Corporation Terminate Acquisition Negotiations ABILENE, Texas, Oct. 26 /PRNewswire/ -- Columbia Capital Corp. (OTC Bulletin Board: CLCK - news) announced today that negotiations with American Banknote Corporation (NYSE: ABN - news) had been terminated by mutual agreement for the acquisition of two American Banknote subsidiaries. Columbia Capital Corp. operates through its wholly-owned subsidiary, First Independent Computers, Inc., which is a multi-faceted information and transaction processing service organization. The services provided by the Company include credit and debit card processing, transaction processing for the health care industry, bank and financial services processing and document management and distribution services. The Company concentrates on a niche market, consisting of small to medium-sized financial institutions, and health care providers that have not achieved the economies of scale to operate their own in-house programs and systems. Forward-looking statements in this press release are necessarily subject to risks and uncertainties, which may affect the accuracy of such statements. Such risks may include any delays in the addition of business or loss of existing customers. For a full discussion of such risks, please refer to the Company's Form 10-KSB for the fiscal year ended December 31, 1997 and subsequent filings. The company undertakes no obligation to update such factors or to publicly announce the results of any revisions to the forward- looking statements contained herein. SOURCE: Columbia Capital Corp. biz.yahoo.com CLCK is up 18%, sitting at the bid at 2 3/8's. I guess we have a little relief rally going on here. Maybe this deal would have been bad for Columbia Capital? The market seems to be working in our favor today. The ask is 2 1/2 now: quote.yahoo.com Regards, Jeff

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