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Technology Stocks : CheckFree (CKFR)

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To: Brooks Jackson who wrote (315)8/13/1997 7:41:00 PM
From: TJK   of 8545
 
The First Call estimates of -.09 refer to loss from operations. Actual loss from operating activities was -.07, thus, the positive .02 "surprise". In my book this .02 doesn't mean a whole lot, however, it may attrack attention from the street in the short-term.

The street will react more to the positive nature of the release & the conference call, than the .02.
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