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Technology Stocks : CheckFree (CKFR)

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To: Mark A. Palma who wrote (535)	10/11/1997 10:50:00 AM
From: chirodoc	of 8545

<<<<<< I definately don't want to miss the CKFR Express when it takes off! i am soooooooo happy to hear that.......WHEN it takes off. for those of us that bought in at $17-$19 it has taken off!!!!!! your comment, which is very typical, imho is bullish for checkfree. i added to my position in the mid 20's and may add again in the 30's by selling some of my other holdings. i agree that this has long term legs. but a word of caution. the web is growing rapidly.....but COMMERCE on the web is grwoing slower than some optimists thought. remember, only 40% of people in this country have computers! and 85% DO NOT have a modem. wait till @HOME and phillips and others start putting modems in televisions when you buy them......then the earnings of this company will explode. remember, ckfr makes money on transactions....not on the deals.....there is still time for some big momentum investors to sell this stock and drive the price down (but that won't happen for a while). wait till investors realize that they have no real earnings--yet. so let's enjoy the ride up, but be prepared for the sell offs when it feels to good to be true. also, this is october........

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