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Technology Stocks : CheckFree (CKFR)
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To: Robert Gintel who wrote (172)6/19/1997 9:12:00 AM
From: Edward F. Horst Jr.   of 8545
 
I've been following since the Intuit deal. I like the story long term, but have concerns as to what level to enter. They are largely a hype stock, as you point out, going up on new deals announced vs profits. They are forecasting a $0.55 loss for 1997. Also, commerce is slow to gain strong volumes, much like the years it took banks with ATM. I feel that any market correction will take the air out of the sails, and provide a buying opportunity lower. I'm waiting patiently, but the boat may have already sailed> Any comments?
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