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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (1782)2/19/1998 9:29:00 AM
From: TLindt  Read Replies (1) of 8545
 
Just so you guys aren't thrown...this Q we are shedding some Baggage. $140 Million worth of loss on our EPS, or about $2.50 in losses per share. From last years filed 10Q, SEC March 31, 1997...

"The information is presented to facilitate meaningful comparisons to on-going operations and to other companies. The unaudited pro forma amounts above do not include the value of the $90.6 million and $140.0 million of purchased research and development arising from the Servantis Acquisition in 1996 and the ISC Acquisition in 1997, respectively. The unaudited pro forma information is not necessarily indicative of the actual results of operations had the transaction occurred at the beginning of the earliest period presented, nor should it be used to project the Company's results of operations for any future periods."

We are not buying ISC again, we own it...just a thought....
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