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


To: Jeffrey L. Henken who wrote (756)10/29/1998 11:04:00 AM
From: joe joe  Read Replies (1) | Respond to of 1020
 
Columbia Capital's Press Release of not pursuing the acquisition of ABN subsidiaries has been received by some sophisticated investors who view this as a prudent business decision. If return on investment is potentially greater with other business deals then the focus should be along those paths. I am sure Columbia's management has carefully reviewed the ABN deal and have concluded that at this juncture the future growth plans should be headed in another direction. The movement of CLCK indicates that most investors are on a wait and see position. I believe that is the wrong investment decision because during these slow periods is where you can buy it at the lowest price.