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Technology Stocks : CheckFree (CKFR)

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To: AugustWest who wrote (7240)9/1/1998 9:29:00 AM
From: TLindt   of 8545
 
Well...do a little Michigan math here...if the utilities save 1.2 Billion and E-Bill cut the cost in half....then the revenue potential is the same as the cost savings or about 1.2 Billion. CheckFree gets one half the market...earnings are 600 Million, one half goes to the bottom line. That's 300 Million by 55 Million Shares or ~$6.00 a share. Now I said this would return $13 a share in 2004, so they just have to double that in 48 months. no-brainer...Keep tossing them on the ground..I'll be buying till I'm completely out of CASH.

I heard they got quite a chuckle on that $225 a share in the Keys...go ahead and laugh...I'm deadly serious. AH....HAH HAH!
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