CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StocksMan who wrote (20058)	5/13/2003 1:17:34 AM
From: AugustWest	Read Replies (1) of 20297

Anyone here paying much attention to I-Payment? Wondering how their line of bidness might overlap and otherwise compete with CheckFree. I searched around a little but there just isn't much information on them. I can't even find any SEC filings for their IPO that went off today. They gained 31% on their first day of trading on the NAZ. Symbol: IPMT. Kinda sad when the first IPO in a couple months is tainted by something like this. Sure doesn't do much to reestore my faith in Wall Street. Bear Stearns Used Analyst to Tout IPO Monday May 12, 12:29 am ET Days after agreeing to a sweeping settlement aimed at overhauling the way Wall Street does business, Bear Stearns Cos. reverted to the practice of using an analyst to promote a new stock offering, The Wall Street Journal reported Monday. biz.yahoo.com To be sure though, those loose lips provided the only financial information(and not much at that) I could find on them. Apparently, 5MM shares at $16/share would give it a pro forma PE of 15.8 times 2003 estimates, 13 times '04. Nothing to get excited about, but under current market conditions it's probably still good for at least a double before any financial information is available, huh. a Bear Stearns research analyst said an assumed initial per share offering price for its stock of $15 would represent 15.8 times a pro forma earnings per share estimate for 2003, and less than 13 times a pro forma earnings per share estimate for 2004. IPayment told potential investors in its IPO filing that, "any estimate or projection of future operating performance is necessarily based upon a number of underlying estimates or assumptions that may or may not prove to be accurate." marketwatch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next