Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: greg Benfield who wrote (380)	7/9/1998 4:02:00 PM
From: greg Benfield	Read Replies (1) \| Respond to of 1020

After reviewing some more information and looking at how ridiculous YHOO and other cyber stocks are valued I want to give my 2 cents as to why this stock could easily get a PE of 80 to 90. YHOO has a high PE because of excitement and unlimited possibility for income growth. They are poised to handle huge volumes of traffic with little or no increase in overhead. The revenue will be spiking by advertisements that are related to the number of hits on their sites. So what we have is a company that is not making much money but has a huge potential. How much different is that from CLCK. It has the ability to handle a lot more business without any real change in expenses. It is announcing agreement after agreement that will make revenues explode. Of course the PE will go down once the growth slows but if we make $.50 to $.75 a share this year that means the last qtr of this year will be approximately .30 and if the 1st qtr of next year is .33 which is not impossible we have a year to year 1st qtr growth of 1000%...so we assume the PE will be related to the growth then a PE of 60 is not that impossible. and if we make .75 this year and an additional .33 the first quarter of next year that gives us a yearly earnings of $1.05 at that time and multiply it by 60..and we get a share price of $63.00. Is it going to hit that...maybe...maybe not..but it is not out of the realm of possibility...I am sure the people at Yahoo thought it was not probable that they would own a $190 a year ago. This does not take into account any splits. Good Luck