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


To: Dave Dalry who wrote (493)8/1/1998 9:07:00 AM
From: greg Benfield  Read Replies (1) | Respond to of 1020
 
Has anyone read Westergaard's two articles about CLCK. I think I found two interesting tidbits. I am not talking about the # million dollar mail sorter...(that seems a little pricey) I am talking about the two numbers....one is 800,000 credit/debit accounts now being processed and the second is the potential of 600,000 check cashing store accounts. In a Redhot newsletter dated sometime in October where they reference the companies two press releases about the $37 million in deals with Best Bank....it states that accounts bring in $2-3 per account per month. My calculations have them running at about $5.75 per quarter. If we uses these numbers and figure out that we are doing about $4.6 million per quarter right now with another $3.5 million on the way...not counting the health care.



To: Dave Dalry who wrote (493)8/1/1998 12:09:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 1020
 
I think the profit taking at the close gives us a buying opportunity now.

The volume lately has been high making the stock more liquid and we are still above the 50 day moving average with a strong upward trend. I look forward to new highs soon. CLCK has a very small float and once the fear that surrounded the possibility(won't happen in my opinion) of a loss of the BestBank accounts gives way, the stock should fly. Greg has really done a fine job of explaining how revenues will add up in many areas and today I put in my two cents on the PICS deal. I'm looking forward to a strong day on Monday. CLCK is simply becoming a well diversified cash cow of a company. Here is the chart:

dailystocks.net

Regards, Jeff