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

To: R. M. Rosenthal who wrote (140)	5/27/1998 4:53:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 1020

I'm sorry but it is impossible for us to do an adequate job of making either earnings projections, or price appreciation projections, based on those estimates at this time. I do think we will see tremendous revenue and earnings growth from CLCK in the future but I will leave it to the company itself to further expand on their own expectations in the future. If you are a shareholder I'm sure you hope I'm right because it is possible that CLCK may make as much as $1 a share this year. What kind of share price might we see if that is true? I already made those projections in this post: Message 4588037 As always please do your own due diligence. Regards, Dr. Henken

To: R. M. Rosenthal who wrote (140)	5/27/1998 5:21:00 PM
From: Tensane 1	Read Replies (1) \| Respond to of 1020

Mr Rosenthal and all interested, I feel that all parties interested in this company should call the company(915)674-3100 and ask them for an investment packet. I did this and they sent me their 10k, 10q and more detailed information on the company's business, competition,and their markets. I urge you to make the call. First of all, it has been stated many times on this board that the company will do in excess of 50 million this year. Where do these numbers come from??? The company. On page 10 of their packet that they sent out to me, they put the following: Current Business "Recently,Columbia Capital, through First Independent, signed two major contracts with Best Bank, Boulder,Colorado, which are estimated by all parties to the agreements to result in annual revenues to Columbia in excess of $37 million. The first contract, estimated to be worth more than $12 million annually to Columbia, calls for First Independent to process the bank's credit card portfolios. Best Bank converted over to First Independent more than 300,000 VISA accounts previously processed by another large independent processor. The bank anticipates that the portfolio will grow by a minimum of an additional 300,000 accounts during the next year." Add the other business and the new press releases of new business from last week, we can "estimate" about 50 million for revenues coming to the company in the next 12 months. You ask about earnings? That all depends upon how much it will cost in capital spending and margins, and I cannot answer you on that, but I can tell you one thing for sure, this is no pump and dump. It has been estimated by others on this thread that earnings will be $1/share this year. If this comes true, you have a stock that is trading at a PE of 4 on future earnings. Considering that I would only be guessing as to the earnings, maybe we can use the company's estimated revenues of $50 million and do a Price to Sales Ratio. You have $50 million in Revenue and $50 million in market cap---Thus you have a PSR of 1. Anything under 3 is considered "fair" but with a company that just showed a 142% increase in sales and a dramatic increase in cash flows(again do some of your own research and read the 10q), you have a high growth company which,IMO is very undervalued. I am very comfortable with my research that leads me to feel this stock is undervalued and feel that my investment is safe, no matter what some other people may think. Kevin