The only news I saw Friday was this:
INTERVIEW - Integrion eyes OFX convergence - Reuters - 9:30 am
biz.yahoo.com
No big deal, I grant you, but positive nonetheless.
CKFR seems to bounce up and down quite a bit without any apparent explanation. I consider this natural. Despite the positive view I and many others have about this company's prospects, the fact remains that for the moment is it losing money and at current prices it is selling at a very high multiple of next year's expected earnings.
I am all but certain this company will start making money soon. How much money, how fast, I have no idea. I think the market feels the same way.
As to future e-bill customers, Pete Kight said in the conference call after the last earnings report that there were other deals that had been cut, but not announced, at the request of the clients. So I believe we will see a steady stream of announcements in the months to come. Telephone companies are certainly prime prosepcts, as are other utilities that bill lots of customers on a regular basis at great expense in first-class postage: cable companies, electric, gas, water, etc. |
