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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (500)10/9/1997 9:10:00 AM
From: TLindt   of 8545
 
Roger that Doc....you really outa check out the news on Excite today...I'm outa that one, except thru ownership of Intuit Shares. Intuit has just under 20% of this and Excite.

biz.yahoo.com

Which BTW if this launches......would be the cheapest place to get ahold of either Checkfree or Excite.

Excite is the only one of the Search Engines hammering down these mega deals....I just wonder...could there be some flow thru because of common link with Intuit. I mean somebody gotta be doing the back-end work on these deals, right?

In any event, I've made more money on this Intuit/Checkfree/Excite combo than a make working for a living over the last couple months. After a run-up I go to Intuit to protect profits. It's really worked pretty good for me.

I got to thinking....if this started Trading on Future Expectations vs Fundamentals....we'd all have a Dump Truck load of money headed up the Drive. I'd at some point take cover in Intuit...and come back on a dip. And that's probably what's gonna happen.....

The volume yesterday was the tipper...if it continues...this baby is pretty thin.....and it will launch. I've been there and done that Doc , I ain't leaving till we pass the moon.

Good Luck!
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