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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (3599)7/10/1998 8:41:00 PM
From: greg Benfield  Read Replies (1) | Respond to of 9440
 
CLCK operates in the behind the scenes bank operations for banks that outsource their debit cards, and other transaction processing. They are setup to handle one hundred times their current level of processing , so expenses will not grow as fast as earnings.
They have signed several new deals that have been touted to be worth $30 million/year (Best Bank and Millenium Health Cards) They have just acquired two sister companies and earnings are due out soon.
1st quarter earnings were .03 and this quarter could be anywhere from $.06 to $.10. Projections for this year have been as high as $1.00 but even $.50 would mean that we are at 8 times earnings.
Check out the CLCK on the SI thread for more details.
I am projecting a price of $20 to $40 at the end of this year with $50 by the middle of next year.
Thanks
Greg