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Technology Stocks : CheckFree (CKFR)
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To: Jumper who wrote (1060)12/23/1997 8:57:00 AM
From: Brooks Jackson  Read Replies (1) of 8545
 
Jumper -- I agree with you that the internet stocks like YHOO and AOL are ridiculously overpriced. I'm even toying with the idea of shorting one or two of the weaker ones, although their prices seem so utterly divorced from fundamentals that there's no telling how much higher they'll go before the bubble bursts, or what it will take to puncture it.

And I agree with you that CKFR is fundamentally different, with revenues based on steadily repeating transaction fees rather than the whims of advertising buyers (who will eventually figure out that nobody really clicks on those annoying Web ads, which I consider a waste of good advertising money.)
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