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


To: Stephen O who wrote (452)7/24/1998 11:44:00 PM
From: Bill Rogers  Read Replies (1) | Respond to of 1020
 
Stephen O....you are right on...FDIC is only interested in assets..card balances will be collected and closed, they probably cannot be used at this time so they are a dead issue. Now we probably know why this bank wanted to outsource their receivables...get them off the books when we go under...just a thought??? IMHO CLCK is going to take some time to get regrouped.