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


To: KLAW97 who wrote (603)9/19/1998 12:24:00 AM
From: Jeffrey L. Henken  Respond to of 1020
 
If CLCK can earn 54 cents for a calender year and continue to show a similar growth rate to CEFT then it's entirely possible that the stock will sell as high as CEFT. The market itself will have to make that decision. First order of business would be to get the stock off the OTC BB and on something like the NASDAQ where the growth rate will be recognized by a greater number of investors.

Anyway, we are just guessing at the future here aren't we but it's interesting to note CEFT may have some Y2K issues to work through that CLCK has already solved..

Regards, Jeff



To: KLAW97 who wrote (603)9/22/1998 1:56:00 PM
From: Jeffrey L. Henken  Respond to of 1020
 
Columbia Capital Corp. to Form Joint Venture With Minority Company

ABILENE, Texas, Sept. 22 /PRNewswire/ -- Columbia Capital Corp. (OTC Bulletin Board: CLCK - news) announced today that it has signed a Letter of Intent for a joint venture with a minority owned economic development and empowerment company. The purpose of the joint venture is to market credit and debit cards to the minority community.

According to Ken Klotz, president of Columbia, aside from marketing to the minority community, the joint venture will setup its own servicing operation, for providing customer service. Columbia will provide the management experience and the job training required for the new operation, which will be staffed primarily by minority employees.

Mr. Klotz said, ''I'm very happy about this new relationship, which we believe will greatly expand the processing business of Columbia's subsidiary, First Independent Computers, Inc., yet at the same time will provide job training and new jobs in the minority community.'' Klotz declined to comment further on the joint venture or identify the minority company involved until all of the details are finalized.

Columbia Capital Corp. operates through its wholly-owned subsidiary, First Independent Computers, Inc., which is a multi-faceted information and transaction processing service organization. The services provided by the Company include credit and debit card processing, transaction processing for the health care industry, bank and financial services processing and document management and distribution services. The Company concentrates on a niche market, consisting of small to medium-sized financial institutions and health care providers that have not achieved the economies of scale to operate their own in-house programs and systems.

Forward-looking statements in this press release are necessarily subject to risks and uncertainties, which may affect the accuracy of such statements. Such risks may include any delays in the addition of business or loss of existing customers. For a full discussion of such risks, please refer to the Company's Form 10-KSB for the fiscal year ended December 31, 1997 and subsequent filings. The company undertakes no obligation to update such factors or to publicly announce the results of any revisions to the forward- looking statements contained herein.

biz.yahoo.com

InvestRight

Regards, Jeff