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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK) -- Ignore unavailable to you. Want to Upgrade?

To: hdrider who wrote (23)	5/20/1998 2:25:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 1020

Why am I so excited about this stock? Look at these numbers and dream along with me at the revenue and earnings growth for this little company. It won't be little much longer! From the 10KSB: The transactions based on this medium of exchange through FiScrip and the Company are estimated to produce a gross transaction fee of between $0.06 to $0.09, of which the Company will be paid a per transaction fee of $0.02 and a fee of $3.50 per monthly statement generated by the Company. The transaction fee is in addition to the merchant application and statement fees. However, no assurance can be given as to the volume of transactions that will be processed or rates at which such processing will take place. FiScrip is newly in operation in connection with the EBT business, with no more than 5,000 transactions in February, 1998 and 7,000 transactions in March, 1998. FiScrip anticipates a significant increase in the number of transactions, but no assurance to this effect can be given. According to federal government surveys, it is anticipated that by the year 2000, 60% of the population of the United States will be receiving monthly income issued electronically and accessible through the use of a QUEST Card. However, no assurance to this effect can be given. The total dollar value of EBT transactions (food stamps, aid to families with dependent children and welfare) in 1998 is estimated by FiScrip to be $60 billion, with an average transaction size of approximately $23.00, or approximately 450 million transactions per year. FiScrip's target market share of total dollar volume of EBT transactions is estimated to be $6 billion or 65 million transactions per year) by January 1, 2000. However, no assurance can be given that there will be this volume of transactions or that FiScrip will service such a volume of transactions. The Social Security System will begin distributing benefits using EBT beginning on January 1, 1999 and expects to have completed full implementation of the distribution system for benefit distribution using EBT by January 2, 2002. The dollar value for all EBT transactions by the Social Security System is expected to reach $470 billion annually. However, no assurance to this effect can be given. FiScrip has been certified by Citibank and Lockheed Martin as an EBT third party processor according to federally established guidelines in twenty eight states and two counties in California. Eleven other states will require simple certification, which is anticipated to be completed in 1998. However, no assurance to this effect can be given. FiScrip's EBT development plans include full certification for six additional states as, if and when government contracts are awarded to Lockheed Martin or Deluxe Payment Systems, both of which are unaffiliated with the Company or FiScrip, for EBT transaction processing. Hey you investors out there looking for a bright light in the investment jungle. CLCK on Columbia Capital! Regards, Jeff