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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: Dave Dalry who wrote (944)12/30/1998 6:10:00 PM
From: Jeffrey L. Henken   of 1020
 
Well if that is the case then CLCK and First Independent Computers could move forward quite nicely. Even though CLCK has been processing cards for the FDIC instead of BestBank they have still been processing the cards. If they continue to process them into the future then we will see a nice recovery.

Lets see off the top of my head CLCK earned 3 cents in the first quarter, 5 cents in the second and 6 cents in the third. We have quite a bit of room before we even get to a P/E of 10. Now if CLCK does only 5 or 6 cents in the fourth quarter then the stock could clearly quite easily double from here if CLCK continues to process these cards.

Add to that any announcements concerning Millennium and or Platinum and we could be looking real at $2 and still have a P/E of only 10.

Regards, Jeff
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