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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Ron S who wrote (12060)11/16/1999 7:22:00 PM
From: Benny Baga  Read Replies (1) of 20297
 
>>>Again, I think this convert is the wrong financing.

Ron, how would have you done it? Obviously they need the cash, with currently only enough to cover 6 weeks of Payroll, and hiring faster than ever before.

>>>At this rate, there wont be much institutional holding of the stock.

Gus won't be selling ;-)

>>>Lets just pray that Transpoint or Spectrum don't plan a further sabotage announcement to coincide with the next week's date when the converts go effective.

FWIW, Spectrum has been very quiet so I wouldn't be surprised to see something. On the other hand, there were some favorable comments by a First Union VP about CF's new pricing structure. What would it take to crack spectrum in half?

Benny(IMHO)
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