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: Jeffrey L. Henken who wrote (803)	11/5/1998 3:37:00 PM
From: greg Benfield	Read Replies (1) of 1020

I know this sucks. It does seem that the latest press releases or lack there of has done nothing at best and possibly has only casued the stock to slip farther. I think what we all need to realize is that we are not traders of this stock..or at least I am not. I bought this stock knowing that earnings were going to be great next year or this year for that matter ($.14 through 3 qtrs). We are attached to a profitable company. We know that the platinum and check cashing and millenium deals have not generated any revenue. So at worst we have a company that might make $.20 this year and $.24 next year. If earnings stay flat. If we do basic calculations letting P/E equal growth. P/E = 20. Price then equals 20 x $.24 or $4.80. Listen, with the exception of Baetz and Gallant this company is strong. We do not need big news...we are extremely undervalued based off of earnings alone.

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