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Technology Stocks : CheckFree (CKFR)
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To: Jumper who wrote (195)7/13/1997 5:35:00 PM
From: CHUCK IRWIN   of 8545
 
This is how I feel, based on what I know about CKFR.

1. I agree, earnings will not be driving this stock at this time. What is driving it is the market in general, Internet stocks and the hope that Microsoft will make sure it is a success.

2. In general I expect the Markets to be soft in August. CKFR may have some good news to move. Ernings are not moving it, so earnings will have little effect.

3. The lot of Internet/Computer companies are reporting earnings net week. This will drive the market (if they are good and I expect they will) CKFR will follow the market at this time.

I Puchased CKFR at 12, 14, & 15, looking for 24, then a buy back at about 17.

I hope I'm right.

Chuck
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