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


To: Bill Rogers who wrote (459)7/30/1998 4:43:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 1020
 
Bill, I hope you bought your shares back. I was doing an internet search on today's news and discovered that this second healthcare contract might be just the tip of the iceberg:

biz.yahoo.com

At first blush it might appear that CLCK has signed to do back room processing for a small company, Platinum-ICS, handling some healthcare processing needs for a single hospital called Presbyterian Hospital, Greenville, TX. But this is much bigger than a single hospital as you will see when you visit this site:

hmhd.org

Take a look at the physician list and think about the number of patients each one of these doctors and the associated facilities bills. That is thousands and thousands of accounts that CLCK will be handling back room processing for PICS. No wonder they state the following in their press release:

hmhd.org

We anticipate that will represent a significant increase in revenue for CLCK.

This is just the first of these contracts that CLCK will handle for PICS as they expand:

According to Gerhardt, the agreement with FICI will give PICS the back room support to expand rapidly throughout Texas, then nationally.

Regards, Jeff