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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 (723)10/15/1998 4:52:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 1020
 
OFF TOPIC, not entirely: >Can I be played by Leonardo.<

Sure Greg but.....Only if I get the girl.

It's ridiculous to speculate about another bank failure. 70% of CLCK's business was associated with those accounts that were being processed for BestBank. Is the FDIC going to go into receivership now?

I don't think so.

Isn't it possible that all we have here is some tax loss selling compounded by some short selling by a few market makers.

Regards, Jeff



To: greg Benfield who wrote (723)10/15/1998 11:35:00 PM
From: Jeffrey L. Henken  Respond to of 1020
 
I called both Michael Markow at World Wide Corporate Finance and First Independent Computers today to ask if there was any reason for concern due to the recent share price drop.

No reason that anyone knows for the recent selling. I believe what I heard to be the truth. I mean really, how many times does CLCK have to say they have lost no business due to the closure of BestBank. Nothing is wrong except some people continue to sell. Hey, I asked and I think everything is moving along just fine. Actually I think better than fine but I'm not about to sing the praises of owning CLCK despite the fact it's a better value tonight than at anytime I have ever held my shares.

Lets face facts, we almost all of us have too much money invested in stocks that have done very little but go down the last couple months. Interest rates were cut again today. The market rallied, eventually CLCK will rally too.

Regards, Jeff