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Technology Stocks : CheckFree (CKFR)
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To: TLindt who wrote (7392)9/9/1998 12:35:00 PM
From: Benny Baga  Read Replies (1) of 8545
 
>>>1.5 Million is about 3% of the company isn't it?

Yes. CheckFree would have most likely have executed a larger buyback, but they want to keep some cash available for potential acquisitions, etc. IMO it's not the number of shares that is important, it's the principle of the matter, and hopefully this will give CheckFree a "warm and fuzzy" towards "buy backs" down the road when they are rolling in the cash.

Benny
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