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


To: greg Benfield who wrote (494)8/1/1998 10:50:00 AM
From: greg Benfield  Respond to of 1020
 
I increased my position on friday taking advantage of its dip down under $4. I think this company is very aggressive and excluding the Best Bank closure...which quite possibly will have no ill effects we should see a great future for this company. I think there a couple of key issues to concentrate on.

1. EBT. Currently it is in its infancy but when this gets rolling we could easily see million to tens of millions of added revenue. By acquiring Fiscrip and using FICI systems they now have a turnkey EBT system. Does this roll in with the check cashing stores?

2. Expanding clientele. It appears that the client base is growing at a nice pace and should give the company less reliance on one main client. The 800,000 accounts see like a nice increase over the 570,000 we saw at the end of the first quarter.

3. This company seems like they have big plans...they have plans mapped out for their future...and they are not living day by day. We have seen insider buying and it appears that they all have the utmost confidence in this baby.

4. Berwynn and Fiscrip (profitable companies) will be contributing to the bottom line in the next few months. These acquisitions along with company growth will allow this stock to become listed.

We will see bumps down the road...and this stock is not as bullet proof as I once thought...but I think it will make me a very rich man. Long term this baby will be my bread and butter.