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

To: greg Benfield who wrote (309)	6/24/1998 9:29:00 PM
From: n2profit	Respond to of 1020

How much lower are we going to go.

To: greg Benfield who wrote (309)	6/25/1998 7:41:00 AM
From: greg Benfield	Respond to of 1020

After reviewing the heavy volume...and downward spike...I think we could have been hit by a couple things....someone sold and no one wanted to buy at those quantities and prices. Why could this happen? Selling as we have been told takes place for several reasons needing cash, losing patience, losing faith, shorting, etc. Buying takes place for the simple reason that people want to own a stock they think will go up and they have the money to do it. Why did people sell? Because they wanted out for a variety of reasons some probably relating to the stock and some relating to their own situation. Some might have wanted to short the stock thinking it has been pumped up...we shall see. We haven't people bought? I think everyone wants to squeeze that extra 1/8 out of the share price. I for one did not know it dipped until close to closing. I plan to buy more now and a lot more when I can free up some funds. The main problem why I think not many people are buying is because not too many people know about this stock and its upside potential. Greg

To: greg Benfield who wrote (309)	6/25/1998 8:06:00 AM
From: greg Benfield	Read Replies (1) \| Respond to of 1020

Why is this an incredible bargain? It is not inconceivable and IMO that CLCK will have a net of .10 a share this quarter. If you combine that with last quarter of .03 you have .13 for a six month period. If we are conservative and say that we will just double that to find earnings we get .26 a share that puts at a PE of under 10....cheap. If we assume that we get .10 a share for this quarter and the next two...we will get a total of .33 for the year that gives a PE of 7.5 If we assume a 7 cent rise from quarter to quarter we will have an earnings of .54 (not inconceivable) and a current PE of slightly under 5...a bargain And finally if we take an average of tripling earnings from quarter to quarter which would be the optimum we would have earnings of 1.2 and that gives a PE of about 2...bargain basement. Which one of these will happen? I don't know but it should be somewhere in the middle. So if We assign a PE of 20 (conservative) to these numbers a fair price at year end could range from $5.20 to $24.00. And if We are assigned a more aggressive PE of 40 we should see anywhere from $10.4 to $48.00. I know this is a wide range but the important thing to note is that the lowest number is still twice where we are now. The highest is 20 times. NO DOWNSIDE RISK, high upside potential.