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Technology Stocks : CheckFree (CKFR)

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To: Daniel Colton who wrote (1406)1/29/1998 10:31:00 AM
From: King David  Read Replies (3) of 8545
 
To All,

I am frequent reader of this thread due to the insightful commentary on this stock but an infrequent poster. I hold a small position in CKFR.

With all due respect, the past few days of posts seem to be unusually bullish and lacking substantial facts when talking about CKFR stock price (e.g., 40 by end of year, mere ruminations of 100).

IMHO, the stars are aligning for CKFR in terms of banks and billers, but the ultimate question in my mind is still 'are there enough people willing to use this type of service to drive the transaction volumes and stock price skywards in a hurry?' If I thought the answer to this question were an unmistakeable yes, then I would buy a lot more CKFR at this point. But I would encourage people buying into this stock heavily to put aside there own internet savviness for a moment and think about the average American that will be expected to use this service. Mentally take a poll of all the people you know and think if there is really a huge market for this today. FWIW, my parents still won't use an ATM and my brother doesn't know what Java is outside of his coffee cup.

Think before you blink,
KD
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