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Technology Stocks : CheckFree (CKFR)
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To: kolo55 who wrote (2060)2/27/1998 3:01:00 AM
From: pat mudge  Read Replies (1) of 8545
 
I was surprised by the market reaction today and can't understand it.

After reading the last 20 or so posts, today's stock action is starting to make sense. A couple negative comments from analysts (both shown as unfounded), whisperings of Microsoft becoming competitor (name brand association mentality at work --- in this case without just cause), and some insider selling (Whipple was founder of predecessor company, whose name I can't recall). Is it any wonder the stock took it on the chin.

I talked to a highly respected analyst at the conference today and he said he listened to the presentation, likes the company, likes the concept, and will do some more homework before buying in. I would imagine others will do the same.

Just my take.

Pat
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