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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (796)11/28/1997 11:27:00 PM
From: Cymeed  Read Replies (1) of 8545
 
Doc, Do you know how many CKFR shares does INTU still own ? I thought they cashed in all the shares when they closed the deal (I took that weakness adding my position and thank to Intuit, I got a great price). But when I checked their most recent balance sheet a few days ago, they listed ~$190 million "marketable securities" in addition to cash. Are those CKFR shares (as much as you know with your vast knowledge in this stock) ? Did Intuit ever express any intention to hold a permanent interest in CKFR ?

Thanks in advance for your kind response.
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