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


To: Tensane 1 who wrote (85)5/23/1998 6:08:00 PM
From: greg Benfield  Read Replies (1) | Respond to of 1020
 
EBT is a 60 billion dollar industry in the year 2000. As of right now there are only four players in this market. If we take a conservative estimate and say they only capture 10% of the market. And then we say that they make only a 10% profit of total sales. We are talking earnings in excess of 600 million. THAT IS approximately $50/ share. Taking a conservative PE of 20 and we have a $1,000 pre split price. IN the year 2000. I know this seems ridiculous but it might be possible. They went public to allow them to raise financing in the future. Why would they need to raise financing if what they have is capable of handling 100 times the current revenue, because the EBT is much more than 100 times current revenue. Expect big expeditures to allow for necessary equipment. Does anyone live near this company, so they can check it out.
This stock is better than Viagra...I have been up since thursday.(if you know what I mean)

Greg



To: Tensane 1 who wrote (85)5/24/1998 5:22:00 AM
From: R. Bond  Read Replies (1) | Respond to of 1020
 
Kevin,

Yes, CLCK seems to me like it could be a good Y2K defensive stock. That is, if one believes the general market will tank over Y2K concerns at some point. Depending on the severity of such a market dive, CLCK may decouple from the overall market. At least during the initial stages.

In the current issue of Dr. Ed Yardeni's Y2K Reporter, he mentions the possibility of firms forming a "Y2K fortress" among themselves when they are known to be compliant. I should think this will certainly be true in the financial world and CLCK will obviously be on the inside. The world's major airlines are on the brink of actually naming names on no-fly zones for Y2K questionable areas around the globe. The banking world is far more concerned about being 'corrupted' by non-compliant data. In the end, they will be forced to do a lock-out. This scenario, although probably not admitted publicly, will insure a market selloff.

The already bright prospects for CLCK seem to be highly leveraged by the Y2K problem.

Good luck,
Bond