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Technology Stocks : CheckFree (CKFR)

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To: Jumper who wrote (668)	10/22/1997 9:14:00 PM
From: TLindt	Read Replies (2) of 8545

Jumper....what do you think are they trying to paint a rosey picture or what.... I kinda figured with the disposition that they would be black, but the thing that disturbs be is revenues did not meet what Charlie had given me earlier $55 mm. When a company like Checkfree is continuely divesting itself of "parts" of a business model which doesn't fit the 5B's.......You know you buy this.....sell that...get focused on processing tranactions...with all the ins and outs...I can't make heads or tails out of real "base" 5B growth. Case in point revenues were actually down 3mm....but total subscribers were up 200,000+.....I know they sold something.....but....it ain't easy to figure. It's NOT CUT AND DRY............................Charlie or Bob Can YOU HELP me understand the transition taking place? The only thing I know....and I may have tried to make too....much sense out of it is...... We're Building a platform to accomodate 1/3 of US households and we're doing 7,000,000 transactions a month........more than anybody else (positive)

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