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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (1128)1/8/1998 3:32:00 PM
From: Jumper  Read Replies (3) of 8545
 
TLindt, My money is on the table for the growth rate.

During the last call Kite (sp?) mentioned several banks had delayed the roll out to increase capacity. Initial subscriber response was higher than expected.

It is my take that these banks have resumed a heavy roll out and subscriber numbers will provide analysts with a clearer picture as to industry growth.

This specific factor IMHO will give Pat Burton and his team enough data to raise the price target on CKFR to 40 and we could climb to 36.

This is all SWAG work, but what else do I have to go on.

>>What are you expecting if anything<<

>>>I'm holding for earnings & subscriber growth numbers.

OT Re: ETrade. No I am not shorting this stock right now, however I think they are a worthless co., Online trading prices will drop to 5 by the end of the year (when I first told the Etrade Bulls that transaction costs were $20 and everyone laughed at me) The fact is you can use an improved service for 7.95. E*Trade had the early lead only because they used to be the cheapest.

In the same token INTU will become a $5 yearly subscrition and the Tax Form software market is growing competitive and cheap.

Good Trading

Jumper
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