SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tensane 1 who wrote (751)10/27/1998 10:05:00 AM
From: greg Benfield  Read Replies (1) of 1020
 
Has Anyone talked with CLCK about why the deal was terminated. I have two theories:

1. CLCK has noticed shareholder disapproval resulting in share price dropping from $3.50 to $2.00 since the announcement. This is because ABN is obviously losing money. Who knows which divisions were responsible. CLCK could acquire other assets that are immediately revenue generating.

2. ABN pressured for more shares since CLCK dropped...CLCK balked at that idea...and therefore both would not backdown. ABN could not give away parts of the company and CLCK did not want to pay more because of depressed share price.

These are both my opinions only, does anyone have any others?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News